$870,000

Property Description

One of the last large MF-2 multifamily lots remaining in the highly sought-after Knox-Henderson area of Dallas. This approximately quarter-acre infill site presents a rare and strategic development opportunity in one of the city's most desirable and supply-constrained neighborhoods. With access from three sides, the property offers exceptional design flexibility and the ability to maximize building footprint, parking configuration, and overall site efficiency-an uncommon advantage for urban multifamily or townhome development. Surrounded by established townhome communities, upscale multifamily projects, and walkable retail, dining, and entertainment, the location supports strong absorption and premium pricing for well-executed residential product. Proximity to Knox Street, Henderson Avenue, Uptown, Downtown, and major employment corridors further enhances the long-term investment potential. The existing home is livable; however, the primary value is in the land and its redevelopment potential. Interior access will be permitted only after an accepted offer. Buyer to independently verify zoning, density, setbacks, utilities, and all development requirements.

Property Facts & Features

Property Type

Land

Status

For Sale

Listed

Mar 2, 2026

ZIP Code

75204

Heating

Central, NaturalGas

Cooling

CentralAir, CeilingFans, Electric

Property Tax (2025)

$17,213/yr

Assessed Value

$773,040

Neighborhood

Millmo Terrace

County

Dallas

School District

Dallas Independent School District

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 32.80887 · Lng -96.78248