Listing
$2,596,000
1311 Ma••••• Pkwy (Sign up for 50 free credits to unlock)Dallas, TX 75206
Property Description
Greenville Terrace presents a unique opportunity to acquire an entire four-unit, new-construction townhome development in the heart of Lower Greenville, one of East Dallas' most desirable and vibrant neighborhoods. Designed with today's rental market in mind, this property combines modern finishes, spacious floor plans, private garages, and rooftop living in a highly sought-after urban location. The development consists of four three-story townhomes, each offering 3 bedrooms, 2.5 bathrooms, an attached 2-car garage, and private rooftop access with impressive Dallas skyline views. Interiors feature open-concept living and dining areas, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, hardwood stairs, and modern designer finishes throughout. With four separate residences under one ownership, Greenville Terrace offers an investor the opportunity to establish a rental portfolio within a single newly constructed property. New construction provides the additional advantage of modern systems, finishes, and building components, reducing the immediate capital improvement needs often associated with older investment properties. Located just steps from Greenville Avenue, future tenants can enjoy convenient access to some of Dallas' most popular restaurants, bars, coffee shops, retail, entertainment, and neighborhood destinations. The combination of 3-bedroom layouts, attached 2-car garages, private rooftops, modern construction, and a premier East Dallas location creates a compelling offering for the rental market. An exceptional opportunity for an investor seeking four income-producing residences in one of Dallas' most desirable urban neighborhoods. The HOA structure is currently under development, The purchaser will have the opportunity to establish HOA according to their ownership and operational plans. For GPS directions to Greenville Terrace, enter 5512 Bryan Parkway, Dallas.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Sep 12, 2026
- Price per Sq Ft
- $367/sqft
- ZIP Code
- 75206
- Full Baths
- 8
- Half Baths
- 4
- Stories
- 3
- Garage
- 8 spaces
- Parking
- AdditionalParking, Concrete, DoorMulti, Garage, GarageDoorOpener, SharedDriveway, GarageFacesSide
- Heating
- HeatPump
- Cooling
- HeatPump
- HOA Fee
- $275/mo
- Neighborhood
- East Dallas
- County
- Dallas
- School District
- Dallas Independent School District
Features & Amenities
Bedrooms
- Bedrooms: 12
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 8
- 1/2 Bathrooms: 4
Land Info
- Lot Description: NativePlants
- Lot Size Acres: 0.166
- Lot Size Source: Builder
- Lot Size Square Feet: 7233
Utilities
- Sewer: PublicSewer
- ElectricityConnected
- SewerAvailable
- SeparateMeters
- UndergroundUtilities
- WaterAvailable
- Water Source: Public
Appliances
- Dishwasher
- ElectricRange
- ElectricWaterHeater
- Disposal
- Microwave
- Refrigerator
- VentedExhaustFan
Rental Info
- Gross Income: 1
Home Features
- Green Energy Efficient: Appliances, Construction, Doors, Hvac, Insulation, WaterHeater, Windows
- Security Features: CarbonMonoxideDetectors, Firewalls, SmokeDetectors
Commercial Info
- Net Operating Income: 1
Multi-Unit Info
- Number of Buildings: 4
- Number of Units: 4
Interior Features
- BuiltInFeatures
- KitchenIsland
- OpenFloorplan
- Pantry
- WiredForData
- WalkInClosets
- Flooring: LuxuryVinylPlank, Tile
Garage and Parking
- Attached Garage: Yes
- Covered Spaces: 8
- Garage Spaces: 8
- Parking Features: AdditionalParking, Concrete, DoorMulti, Garage, GarageDoorOpener, SharedDriveway, GarageFacesSide
- Parking Total: 9
School Information
- Elementary School: Geneva Heights
- High School: Woodrow Wilson
- Middle School: Long
Heating and Cooling
- Cooling Features: HeatPump
- Heating Features: HeatPump
- Heating: Yes
Other Property Info
- Tax Block: G/679
- Source Listing Status: Active
- County: Dallas
- Directions: USE GPS and enter 5512 Bryan Parkway. The units are still not in the GPS system, this was the old lot address
- Green Water Conservation: EfficientHotWaterDistribution, LowFlowFixtures
- Insurance Expense: 1
- Source Neighborhood: GREENVILLE TERRACE
- Parcel Number: 0679 00G 00400 1000679 00G, 000679000G04D0000
- Postal City: DALLAS
- Subdivision: GREENVILLE TERRACE
Homeowners Association
- Association: Yes
- Association Amenities: MaintenanceFrontYard
- Association Fee: 275
- Association Fee Frequency: Monthly
- Association Fee Includes: MaintenanceGrounds, MaintenanceStructure
- Calculated Total Monthly Association Fees: 275
- Association Phone: 9999999999
- Senior Community: No
Building and Construction
- Total Square Feet Living: 7080
- Year Built: 2026
- Building Area Source: PublicRecords
- Building Area Total: 7080
- Foundation Details: Slab
- Levels: ThreeOrMore
- New Construction: Yes
- Property Condition: NewConstruction
- Roof: Flat, Synthetic
- Levels or Stories: ThreeOrMore
- Year Built Details: New Construction - Complete
Location
Lat 32.80764 · Lng -96.76953