5108 Manett St, Dallas, TX 75206

$785,000
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List Price
$785,000
Status
ACTIVE
MLS#
21401845
Lot Size
10,018
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469-865-2527

Property Description

Prime 50 x 200 (10,000 SF) infill redevelopment parcel zoned MF-2(A) in highly sought-after Vickery Place, just steps from Lower Greenville, Belmont, and Henderson Avenue entertainment corridors. Exceptional opportunity for residential or multi-family builders: • Zoning: MF-2(A) Multi-Family allowing strong density. • Dimensions: 50 ft frontage by 200 ft depth with dedicated rear alley access. • Density Yield: Preliminary architectural site studies indicate potential yield for up to 7 townhome units (buyer to verify municipal approvals, parking ratios, and tree preservation). • In-Place Income + Existing Structures: Property currently features two detached duplex structures totaling 3,102 SF (4 units total). Generates strong interim cash flow ($5,600 per month potential gross) while pursuing permitting, architectural drawings, and city approvals. Three units delivered vacant for immediate inspection; one unit occupied month-to-month. Existing structures convey strictly As-Is at land value. Boundary survey and preliminary layout concepts available upon request.

469-865-2527
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Additional Information

Taxes
$15,097
Year Built
1950
Exterior Features
Balcony
School District
Dallas Isd
Elementary School
Geneva Heights
High School
Woodrow Wilson
Middle School
Long
Sewer
Public Sewer
Street Name
Manett St
Street Number
5108
Water
Public
Acres
0.23
County
Dallas
Heating
Electric
Lot Description
Irregular Lot, Few Trees, City Lot, Level
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Listing courtesy of Miguel Ramirez from Allie Beth Allman & Assoc.. Contact: 214-336-5113

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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