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9200 Markville Dr
Dallas, TX 75243 Lake Highlands

Price Upon Request

Land For Sale  •  2.75 AC

Property Details

  • Property Type Land
  • Lot Size 2.75 AC
  • Zoning MU3
30 Transit Score
50 Walk Score

Description

# Strategic Mixed-Use Development Site | 9200 Markville Dr | Dallas, TX

## 2.75± Acres | MU-3 Zoning | Ground Lease or Sale

An exceptional opportunity to acquire or ground lease one of the few remaining infill development sites in the rapidly transforming North Dallas corridor. Located at the highly visible intersection of **US-75 (Central Expressway) and LBJ Freeway (I-635)**, this 2.75± acre property offers outstanding access, flexible MU-3 zoning, and proximity to some of the region's most significant current and planned developments.

### Property Highlights

* 2.75± acres
* MU-3 Mixed-Use zoning
* Available for Ground Lease or Sale
* Existing utilities at the site
* Excellent visibility and access from US-75 and I-635
* Minutes from Downtown Dallas, Richardson, Plano, and Addison
* Walking distance to LBJ/Central DART Station
* Ideal for mixed-use, retail, restaurant, hotel, medical office, entertainment, recreation, office, senior housing, multifamily, and other commercial developments

### Positioned in the Path of North Dallas Growth

The property is surrounded by billions of dollars in public and private investment, making it one of the premier redevelopment opportunities in North Dallas.

#### Major Area Catalysts

* **Future Dallas Mavericks Arena & Entertainment District** – The Mavericks have selected the former Valley View Mall site for a planned 104-acre mixed-use development featuring a new NBA arena, entertainment venues, restaurants, hotels, retail, offices, residential uses, and public gathering spaces. This transformational project is expected to become one of Dallas' premier entertainment destinations and a major economic driver for the North Dallas corridor. ([Reuters][1])

* **Planned H-E-B at Hillcrest & LBJ (I-635)** – The first H-E-B store within the City of Dallas is planned just minutes from the property, further strengthening retail demand and attracting additional commercial development. ([YouTube][2])

* Medical City Dallas Hospital and surrounding medical district

* Richland College and nearby University of Texas at Dallas

* Costco, major employment centers, and numerous corporate headquarters

* Immediate access to the LBJ/Central DART Station providing regional connectivity

* Continued residential, multifamily, and mixed-use growth throughout the Midtown and North Dallas corridor. ([Wikipedia][3])

### Development Potential

The site's flexible MU-3 zoning and strategic location make it suitable for numerous uses, including:

* Mixed-Use Development
* Multifamily
* Retail Center
* Entertainment & Recreation
* Indoor Sports Facility
* Soccer Training Center
* Medical Office
* Hotel
* Office Campus
* Senior Living
* Educational Facility
* Corporate Headquarters

With exceptional freeway visibility, regional accessibility, and multiple transformational developments underway nearby, 9200 Markville Drive represents one of the last premier mixed-use development opportunities in the North Dallas market.

[1]: https://www.reuters.com/sports/mavericks-select-north-dallas-site-new-arena--flm-2026-06-02/?utm_source=chatgpt.com "Mavericks select North Dallas site for new arena"
[2]: https://www.youtube.com/watch?v=Ty3hkAgjDuQ&utm_source=chatgpt.com "Dallas Mavericks New Arena Location Revealed! - Eve Holder ..."
[3]: https://en.wikipedia.org/wiki/Midtown%2C_Dallas?utm_source=chatgpt.com "Midtown, Dallas"


Rare opportunity to acquire a ±2.75-acre mixed-use development site in the heart of Lake Highlands, one of North Dallas’ most desirable and rapidly evolving submarkets. Zoned MU-3, the property offers exceptional flexibility for multifamily, mixed-use, retail, office, or hotel development, with the ability to achieve high density and vertical scale—a rare combination in this infill location.
The site is ideally positioned just minutes from LBJ Freeway (I-635) and US-75, providing outstanding regional connectivity and visibility. Surrounded by strong demographics and major employment drivers including Texas Instruments, Medical City Dallas, and Richland College, the area continues to experience significant residential and commercial growth. 
Previously improved with a ±56,000 SF structure (demolished in 2018), the site benefits from established utility infrastructure, allowing for a more efficient path toward redevelopment. The zoning supports up to ~80% lot coverage and substantial height potential, making it ideal for mid-rise, wrap, or podium multifamily projects with the ability to maximize unit count and returns.
Additional highlights include proximity to Galleria Dallas, NorthPark Center, and multiple hospitality and retail amenities, as well as nearby public investments such as the Dallas Water Utilities facility and new recreational developments, further enhancing long-term value.
This is one of the few remaining infill sites in the area capable of supporting higher-density development, offering developers a unique opportunity to deliver a well-positioned project in a supply-constrained corridor.

Highlights

Multifamily, Office Retail/ Infill Site – ±2.75 Acres | Shovel-Ready, High-Density Potential (MU-3 Zoning)
Immediate access to US-75 & I-635, walk to DART, 10 minutes to Galleria, NorthPark, UTD, Medical City, Richland College & Costco.
9200 Markville Drive is nestled in a high-demand development zone with significant need for multifamily, mixed-use, hospitality, and medical projects.
All on-site utilities: A 57,000-square-foot office/retail building was demolished in 2018, leaving full utility access and a development-ready parcel.
Within walking distance to lifestyle-enhancing city amenities, including Dallas’ six brand-new pickleball courts, located directly behind the site.
Ideal for retail, multifamily, medical, hotel, office, or entertainment. Minutes from Medical City, DART, Costco, and major new developments.

Public Transportation

Transit/SubwayDriveWalkDistance
Lbj/Central (Orange Line - Dallas Area Rapid Transit (DART), Red Line - Dallas Area Rapid Transit (DART)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Dallas Love Field 21 min - 14.2 mi
Dallas-Fort Worth International 28 min - 23.1 mi
Asif Khan 972-684-5946 Kin Worth Realty
Asif Khan 972-684-5946 Kin Worth Realty