Discover the potential of this rare 16,000 square foot lot nestled in the heart of East Dallas, boasting an existing 4800 square foot dwelling ripe for transformation. Perfectly positioned for redevelopment, this property is currently in the process of re-zoning to Multifamily, promising enhanced profitability and strategic growth. Location: Situated in sought-after East Dallas, renowned for its vibrant community and rapid development. Lot Size: Generous 16,000 square foot lot providing ample space for a multifamily project. Existing Dwelling: Spacious 4800 square foot structure presents an ideal base for redevelopment plans, perfect for office or multi-family use. Development Potential: Pending re-zoning to Multifamily, unlocking significant value and maximizing ROI. Strategic Investment: Ideal for investors seeking to capitalize on East Dallas' burgeoning real estate market and high demand for multifamily housing. Explore the possibilities of this multifamily development opportunity poised for exponential growth and prosperity in East Dallas. Contact us today to schedule a viewing and secure your position in one of Dallas' most dynamic neighborhoods.