5020-5022 Pershing St Dallas, TX 75206
Old East Dallas NeighborhoodEstimated payment $3,814/month
About This Lot
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.
Listing Agent
Coldwell Banker Apex, REALTORS Brokerage Phone: 214-755-8201 License #0623858 Listed on: 09/19/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,553
Year Built
- Built in 1938
Lot Details
- 7,013 Sq Ft Lot
- Lot Dimensions are 50x127
- Interior Lot
- Irregular Lot
- Zoning described as Duplex
Schools
- Geneva Heights Elementary School
- Woodrow Wilson High School
Additional Features
- City Lot
- Central Heating and Cooling System
Community Details
- Cochran Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / F1998
- Assessor Parcel Number 00000193168000000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | Price Changed | $590,000 | -9.1% | -- |
| 11/14/2025 11/14/25 | Price Changed | $649,000 | -3.9% | -- |
| 09/19/2025 09/19/25 | For Sale | $675,000 | -- | -- |
About the Listing Agent
With more than 20 years of industry experience, Scott matches buyers and sellers to achieve each party's goals in every residential, commercial and investment property transaction he facilitates. A problem solver by nature, Scott is well connected in the local market where he offers the timeliest insight on values and opportunities.
His resources include:
An in-depth knowledge of the North Texas real estate market and its diverse residential, commercial and investment choices.
Scott's
Scott's Other Listings
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21065078
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