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5108 Manett St, Dallas, TX 75206
- $785,000
- List Price
- $785,000
- MLS#
- 21401845
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Year Built
- 1950
- Acres
- 0.23
- County
- Dallas
- City
- Dallas
- Subdivision
- Bon View Place
Property Description
Prime 50 x 200 (10,000 SF) infill redevelopment parcel zoned MF-2(A) in highly sought-after Vickery Place, just steps from Lower Greenville, Belmont, and Henderson Avenue entertainment corridors. Exceptional opportunity for residential or multi-family builders: • Zoning: MF-2(A) Multi-Family allowing strong density. • Dimensions: 50 ft frontage by 200 ft depth with dedicated rear alley access. • Density Yield: Preliminary architectural site studies indicate potential yield for up to 7 townhome units (buyer to verify municipal approvals, parking ratios, and tree preservation). • In-Place Income + Existing Structures: Property currently features two detached duplex structures totaling 3,102 SF (4 units total). Generates strong interim cash flow ($5,600 per month potential gross) while pursuing permitting, architectural drawings, and city approvals. Three units delivered vacant for immediate inspection; one unit occupied month-to-month. Existing structures convey strictly As-Is at land value. Boundary survey and preliminary layout concepts available upon request.
Additional Information
- Unexempt Taxes
- $15,097
- Lot Size
- 10,018
- Acres
- 0.23
- Lot Description
- Irregular Lot, Few Trees, City Lot, Level
- Exterior
- Balcony
- School District
- Dallas Isd
- Elementary School
- Geneva Heights
- Middle School
- Long
- High School
- Woodrow Wilson
- Possession
- CloseOfEscrow, SubjectToTenantRights
- Proposed Use
- Development, Multi-Family, Residential
- Community Features
- Curbs, Sidewalks
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Listing courtesy of Miguel Ramirez from Allie Beth Allman & Assoc.. Contact: 214-336-5113
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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