Property Details:
- County or Parish
- Dallas
- Lot Size
- Less Than .5 Acre (not Zero)
- Lot Size (Acres)
- 0.1610
- Lot Size Area
- 0.1610
- Lot Size (Square Feet)
- 7013.1600
- Association Type
- None
- Restrictions
- Deed,Development
- Zoning Description
- Duplex/ single family
School Information:
- School District
- Dallas ISD
- Elementary School
- Geneva Heights
- Middle School
- Long
- High School
- Woodrow Wilson
Interior Information:
- Heating
- Central,Natural Gas
- Cooling
- Central Air,Electric
Exterior Information:
- Lot Features
- Interior Lot,Irregular Lot
- Lot Size
- Less Than .5 Acre (not Zero)
- Acres
- 0.1610
- Waterfront
- No
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21065078
5020-5022 Pershing Street
Dallas, Texas
$550,000
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Type: Land
Year Built: 1938
Remarks: INVESTOR OPPORTUNITY! Knox Henderson Full Duplex on 7009 sqft Lot. Selling for lot value. This investment analysis details a unique opportunity to acquire a 7,009 square foot lot with a full duplex and detached garage in the highly desirable Knox-Henderson area of Dallas, also known as Cochran Heights. This prime location, with its mix of charming historic homes and modern new construction, makes the property a versatile asset for a range of investment strategies. Cochran Heights is a vibrant, walkable neighborhood with a high-income, highly educated population of young professionals. The area's strong appeal is driven by its close proximity to acclaimed restaurants, cafes, boutiques, and entertainment venues on Henderson Avenue and Knox Street. The lot's size is a significant advantage, exceeding the city's minimum requirements for single-family development.
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. 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.
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Listed by: Scott Hogg
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321