$249,900
$50K PRICE DROP

Estimated payment $1,844/month

Total Views 1,804
3 Acres
$83,300 Price per Acre
130,680 Sq Ft Lot

About This Lot

DEVELOPMENT OPPORTUNITY IN LANCASTER! Approximately 3 acres of MF-16 zoned land offering a unique opportunity for multifamily development in one of Southern Dallas County’s growing communities. Spanning an entire block, the property fronts Marsalis Road and extends approximately 904 feet to Pike Drive, providing an exceptional site configuration with access and visibility from both ends. Surrounded by existing multifamily communities, the property offers an opportunity to introduce new housing within an established residential area while benefiting from Lancaster’s continued growth and investment. The City is advancing significant public improvements, including a new City Hall and surrounding development. MF-16 zoning provides a strong foundation for a multifamily concept, subject to City requirements and buyer due diligence. A portion of the property lies within the floodplain and may lend itself to thoughtful site planning incorporating green space, walking areas, detention, or other resident amenities. The seller has proactively engaged with the City regarding future development opportunities, and a new survey is underway and will be provided upon completion. Bring your vision to Marsalis Road and explore the potential of this full-block multifamily development site!

Listing Agent

Kimberly Shaw

Just Call Shaw LLC License #0663255 Listed on: 06/03/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,659

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 150x904
  • Interior Lot
  • Zoning described as Residential MF-16

Location

  • City Lot

Schools

  • Houston Elementary School
  • Lancaster Middle School
  • Lancaster High School

Community Details

  • Beckley City Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / D
  • Assessor Parcel Number 36002500040230000

Property Details

Property Type

Land

Est. Annual Taxes

$5,659

Lot Details

3 Acres

Listing Details

  • OWNERNAME: DCRT Revenue & Taxation
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Co List Office Mls Id: JCSL01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48113:36002500040230000
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No
  • RoadFrontageType: City Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Association/Amenities

  • DevelopmentStatus: Streets Installed, Zoned

Schools

  • Elementary School: Houston
  • High School: Lancaster
  • Junior High Dist: Lancaster ISD

Lot Info

  • PossibleUse: Multi-Family, Residential
  • Lot Features: Acreage, Interior Lot, City Lot
  • Lot Size Units: Acres
  • Lot Size Area: 3.0
  • Lot Size: 150x904
  • Parcel Number: 36002500040230000
  • Lot Size Acres: 3.0
  • Lot Size Sq Ft: 130680.0
  • Zoning Description: Residential MF-16

Tax Info

  • TaxBlock: D
  • Tax Lot: 23
  • Tax Annual Amount: 5659.0

MLS Schools

  • MiddleOrJuniorSchool: Lancaster

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,659 $240,000 $240,000
2025 $5,659 $240,000 $240,000
2024 $5,669 $240,000 $240,000
2023 $5,786 $240,000 $240,000 $0
2022 $1,584 $60,000 $60,000 $0
2021 $1,714 $60,000 $60,000 $0
2020 $1,776 $60,000 $60,000 $0
2019 $1,374 $45,000 $45,000 $0
2018 $919 $30,000 $30,000 $0
2017 $919 $30,000 $30,000 $0
2016 $919 $30,000 $30,000 $0
2015 $1,532 $52,810 $30,000 $22,810
2014 $1,532 $52,810 $30,000 $22,810
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/02/2026 09/02/26 Price Changed $249,900 -16.7% --
06/03/2026 06/03/26 For Sale $299,900 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Simplifile
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21291049

North Texas Real Estate Information Systems (NTREIS)

APN: 36002500040230000

Your Personal Tour Guide

Ask me questions while you tour the home.