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Prime investment and development opportunity in the rapidly transitioning heart of Old East Dallas (75214)! This premium 50 x 160 corner lot is zoned for a duplex (two-family residential), offering a lucrative, high-upside project for builders, developers, or buy-and-hold investors looking to capitalize on the massive growth and gentrification in the immediate area.The lot provides exceptional curb appeal and structural advantages, featuring a collection of beautiful, mature trees—including stunning, established crepe myrtles—that provide immediate character and value to a future build. Because it is situated perfectly on a corner, any future structure will benefit from enhanced architectural design flexibility, dual street frontage, and optimized natural light.Save months of costly prep time, architect fees - a complete set of architectural plans is available upon request, making this a true turn-key, build-ready opportunity.Located in one of Dallas's most sought-after urban pockets, this lot sits in the perfect path of progress. Future residents or tenants will enjoy unparalleled convenience, located just minutes from Lower Greenville, Knox-Henderson area, and Lakewood shopping and dining, with a swift commute straight into Downtown Dallas. Bring your builder and execute your vision in a high-demand market where newly constructed multifamily units are commanding premium rental rates and strong resale values. Survey available. Buyer to verify all zoning, utility connections, and building requirements with the City of Dallas prior to closing.
View Virtual Tour| This Home's Price | $410,000 | This Home's Price Per SqFt | $ |
| Average Price | $429,950 | Average Price Per SqFt | $ |
| Highest Price | $449,900 | Highest Price Per SqFt | $ |
| Lowest Price | $410,000 | Lowest Price Per SqFt | $ |
Just Listed Rare Development Opportunity At **5302 Alton Ave In Dallas!** This Cleared, Oversized Corner Lot Backs Directly To The **santa Fe Trail** And Is Surrounded By Several Exciting New Developments, Making It An Ideal Opportunity For Investors, Builder...
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Listing information last updated on November 2nd, 2026 at 5:00am CST.
