1620 Marsalis Rd Lancaster, TX 75134
Lancaster AreaEstimated payment $1,844/month
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!
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
Map
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 |
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 | -- | -- |
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: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21291049
APN: 36002500040230000
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Ask me questions while you tour the home.