711 E 7th St Dallas, TX 75203
Lake Cliff NeighborhoodEstimated payment $10,309/month
About This Lot
Outstanding Investor Opportunity Fully Permitted 16-Unit Townhome Development in a Prime Opportunity Zone. Three contiguous lots 404 N Lancaster, 400 N Lancaster, and 711 E 7th offered together as a permit-approved project on a corner lot in one of Dallas’ fastest-revitalizing corridors. All permits are in place and no additional legwork is required, reducing carry time, and lowering upfront costs. Each townhome is designed at ~1,950 SF, 3bed 3.5 bath, with an oversized rooftop & 2-car garage, ideal for both resale and build-to-rent strategies. The site sits steps from the Bishop Arts District, a high-demand urban-lifestyle hub experiencing major growth with new mixed-use projects, expanding retail, and great walkability.
Property Details
Property Type
- Land
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 100 x 182
- Corner Lot
- Cleared Lot
- Zoning described as PD Zoning
Location
- City Lot
Schools
- Marsalis Elementary School
- Jefferson High School
Community Details
- Original Town Oak Cliff Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / 70/30
- Assessor Parcel Number 00000250504000000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | -- | $150,000 | $150,000 | -- |
| 2024 | -- | $150,000 | $150,000 | -- |
| 2023 | $2,868 | $125,000 | $125,000 | $0 |
| 2022 | $3,125 | $125,000 | $125,000 | $0 |
| 2021 | $2,638 | $100,000 | $100,000 | $0 |
| 2020 | $2,442 | $90,000 | $90,000 | $0 |
| 2019 | $1,707 | $60,000 | $60,000 | $0 |
| 2018 | $952 | $35,000 | $35,000 | $0 |
| 2017 | $952 | $35,000 | $35,000 | $0 |
| 2016 | $0 | $35,000 | $35,000 | $0 |
| 2015 | -- | $25,000 | $25,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $1,920,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21124623
APN: 00000250504000000
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