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.
Asif Khan
Kin Worth Realty
