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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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5325 Alton Ave , Dallas, TX 75214
$410,000
Est. Payment: $2,302.86/mo
0.21 Acres
Status: active | Days on site: 23
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House Description

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.

Highlights

Listed by Polly Beckman , Allie Beth Allman & Assoc. , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
0.21

Year Built

1910

County

Dallas

Neighborhood

East Columbia Place

School District

Dallas ISD

Listing ID

21386098

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Interior Features

Exterior Features

Lot:Cleared,Corner Lot,Many Trees,Less Than .5 Acre (not Zero)
Lot Dimensions:60x150
Zoning:Duplex
Principal Interest
$2,303
Taxes
$351

Home Price

$410,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$82,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,302.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,302.86 $350.67 $0.00 $2,653.53
Yearly $27,634.37 $4,208.00 $0.00 $31,842.37
Total $829,031.08 $126,240.00 $0.00 $955,271.08

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T18:08:57.717Z

© 2026 North Texas Real Estate Information Systems