4806 Belmont Ave, Dallas, TX 75204

$500,000

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List Price
$500,000
MLS#
21167475
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1925
Acres
0.11
County
Dallas
City
Dallas
Subdivision
Rick & Hurts North Fitzhugh Ave

Property Description

Prime East Dallas Development Opportunity Zoned MF-2 SB 840 Compliant. Strategic opportunity for property developers, new home builders, and investors to acquire one, two or three contiguous parcels in a high-growth East Dallas corridor. Zoned Multi-Family District 2 MF-2, each lot is shovel-ready for luxury townhomes, high-density duplexes, or a boutique multi-family community. Scale & Flexibility you have the opportunity to purchase 4810 Belmont 4,561 sqft. individually or package with 4810 Belmont & 4816 Belmont to secure approximately 205ft of total frontage. Benefit from the newly approved Texas Senate Bill 840 SB 840, allowing construction up to 45ft in height without Residential Proximity Slope RPS restrictions—drastically increasing your buildable envelope and ROI. Surveys available for all three lots. Geotechnical Study performed on 4802 Belmont in 2025 which is available upon request and drafted build plans. Situated minutes from Knox-Henderson, Lower Greenville, and Uptown. Located in the immediate path of progress near the $2.5 Billion The Central mixed-use development at US75 & Haskell. Investment Potential of this site sits in one of Dallas’s most aggressive rental and resale markets. Whether you are executing a replat to maximize unit count or developing high-end urban residences, these parcels offer the location and zoning to support premium exit valuations. Conceptual art provided illustrates the maximized density possible under current SB 840 guidelines which provides a visual aid. Secure a foothold in Dallas's next billion-dollar corridor.

Additional Information

Unexempt Taxes
$6,625
Lot Size
4,573
Acres
0.11
Lot Description
Cleared, Irregular Lot, Level
School District
Dallas Isd
Elementary School
Chavez
Middle School
Spence
High School
North Dallas
Possession
CloseOfEscrow
Proposed Use
Multi-Family, Residential, Single Family
Community Features
Playground, Park, Restaurant, Curbs, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Raul Chavez from RE/MAX DFW Associates. Contact: 214-392-6198