0.5 Acres of Improved Mixed-Use Land for Sale in Dallas, Texas
3201 Royal Ln, Dallas, TX 75229
This is one of the last hard-corner development sites along a major thoroughfare in N Dallas. Sitting at 0.50 acres, this site provides a unique opportunity to either build a new home, multi-family dwelling or seek rezoning to develop a commercial building that would match the opposing 3 corners of the intersection. High visibility with large daily traffic counts, est. at 40-55k CPD between both directions of Webb Chapel and of Royal as of 2019 counts. The current owner is preparing to seek rezoning but is open to sell prior to the start of that process. Commercial use is the assumed highest and best use for the property. Seller is willing to assist in the rezoning process with an LOI or option cont. in place.
Directions
GPS Friendly. If 3201 Royal Ln does not come up, use 10811 Damon Ln (previous address for the property).
Property details
- County
- Dallas County
- Community
- Webster Grove
- Elevation
- 492 feet
- MLS Number
- NTREIS 20537938
- Date Listed
Legal description
WEBSTER GROVE BLK A/6434 LOT 1 LESS 790 SQ FT
Parcels
- 00000590776000000
Resources
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Degolyer | Elementary | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Mar 15, 2024 | Under contract | $1,250,000 | — | NTREIS |
Feb 23, 2024 | Price increase | $1,250,000 | $125,000 11.1% | NTREIS |
Feb 16, 2024 | New listing | $1,125,000 | — | NTREIS |