5020-5022 Pershing Street Dallas, TX 75206
7,013 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Cochran Heights
MLS Listing ID 21065078
HOA Y/N None
Year Built 1938
Annual Tax Amount $8,553
Lot Size 7,013 Sqft
Acres 0.161
Lot Dimensions 50x127
Property Sub-Type Improved Land
Property Description
Alternatively, for an investor with a higher risk tolerance and development experience, a ground-up development project offers the potential for maximum returns. The 7,009 sq ft lot is large enough to support a new, high-end single-family home or a brand-new duplex. New construction in this neighborhood has commanded sales prices well over $1 million, with some reaching as high as $2.25 million, demonstrating the strong demand for new inventory. A new duplex, in particular, would allow an investor to maximize the lot's income potential while still meeting the City of Dallas's zoning and setback requirements for multi-family residences in this area.
Location
State TX
County Dallas
Zoning Duplex
Direction From 75 take Knox Henderson exit Go east on Henderson take first right on Willis then immediate left on Pershing St Home is towards the end of street on the left
Interior
Heating Central, Natural Gas
Cooling Central Air, Electric
Heat Source Central, Natural Gas
Exterior
Utilities Available City Sewer, City Water, Individual Gas Meter, Individual Water Meter
Garage No
Building
Lot Description Interior Lot, Irregular Lot
Schools
Elementary Schools Geneva Heights
Middle Schools Long
High Schools Woodrow Wilson
School District Dallas Isd
Others
Restrictions Deed,Development
Ownership Vargas
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21065078
