5020-5022 Pershing ST, Dallas, TX 75206
5020-5022 Pershing ST, Dallas, TX 75206
5020-5022 Pershing ST, Dallas, TX 75206
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Tracy Wood

Tracy Wood

+1(972) 399-6464
$590,000
Est. payment /mo
7,013 Sqft Lot
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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Pending

Purchase Type For Sale

Subdivision Cochran Heights

MLS Listing ID 21065078

HOA Y/N No

Year Built 1938

Annual Tax Amount $8,553

Lot Size 7,013 Sqft

Acres 0.161

Lot Dimensions 50x127

Property Sub-Type Improved Land

Property Description

INVESTOR OPPORTUNITY! Knox Henderson Full Duplex on 7009 sqft Lot. Selling for lot value. This investment analysis details a unique opportunity to acquire a 7,009 square foot lot with a full duplex and detached garage in the highly desirable Knox-Henderson area of Dallas, also known as Cochran Heights. This prime location, with its mix of charming historic homes and modern new construction, makes the property a versatile asset for a range of investment strategies. Cochran Heights is a vibrant, walkable neighborhood with a high-income, highly educated population of young professionals. The area's strong appeal is driven by its close proximity to acclaimed restaurants, cafes, boutiques, and entertainment venues on Henderson Avenue and Knox Street. The lot's size is a significant advantage, exceeding the city's minimum requirements for single-family development.
Alternatively, for an investor with a higher risk tolerance and development experience, a ground-up development project offers the potential for maximum returns. The 7,009 sq ft lot is large enough to support a new, high-end single-family home. New construction in this neighborhood has commanded sales prices well over $1 million, with some reaching as high as $2.25 million, demonstrating the strong demand for new inventory.

Location

State TX

County Dallas

Zoning Duplex/ single family

Direction From 75 take Knox Henderson exit Go east on Henderson take first right on Willis then immediate left on Pershing St Home is towards the end of street on the left

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Fireplace No

Exterior

Utilities Available Natural Gas Available, Sewer Available, Separate Meters, Water Available

Water Access Desc Public

Private Pool No

Building

Lot Description Interior Lot, Irregular Lot, City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools Geneva Heights

Middle Schools Long

High Schools Woodrow Wilson

School District Dallas Isd

Others

Tax ID 00000193168000000

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21065078

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Tracy Wood

Tracy Wood

+1(972) 399-6464

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