5251 Richard Avenue, Dallas, Texas
$635,000
LOADING ..
Located just steps from the vibrant Knox-Henderson corridor, this property at 5251 Richard Avenue offers an exceptional opportunity for investors, builders, or visionaries looking to create something remarkable in one of Dallas’ most sought-after neighborhoods. The existing 3-bedroom, 1-bath home sits on a premium lot surrounded by high-end new construction and beautifully renovated homes, making it ideal for ground-up development or a major remodel. The lot provides excellent build potential for a modern luxury residence that aligns with the character and value of the surrounding area. Positioned near upscale dining, boutique shopping, and nightlife, this location blends the charm of established East Dallas neighborhoods with the convenience and energy of urban living. Easy access to US-75, Uptown, and White Rock Lake makes it a central point for both lifestyle and investment appeal. The home is being sold as-is, and the seller will only consider cash or hard money offers. Serious investors will recognize the rare opportunity to secure land in a proven, high-demand market where property values continue to climb.
School District: Dallas ISD
Dallas MLS #: 21080016
Representing the Seller: Listing Agent Leon Thompson; Listing Office: Local Realty Agency
Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. Call: 214.522.1000 — Text: 214.505.9999
Property Overview
- Listing Price: $635,000
- MLS ID: 21080016
- Status: Sale Pending
- Days on Market: NaN
- Updated: 10/9/2025
- Previous Status: For Sale
- MLS Start Date: 10/7/2025
Property History
- Current Listing: $635,000
Interior
- Number of Rooms: 3
- Full Baths: 1
- Half Baths: 0
- Interior Features:
Built-in Features
Parking
- Parking Features:
Garage
Location
- County: Dallas
- Directions: US-75 S toward Dallas Take exit 2 toward Henderson Ave Knox St-Fitzhugh Ave Take N Henderson Ave to Richard Ave Use the right lane to merge onto N Central Expy Use the 2nd from the left lane to turn left onto N Henderson Ave-Knox St Continue onto N Henderson Ave Turn left onto Richard Ave
Community
- Home Owners Association: None
School Information
- School District: Dallas ISD
- Elementary School: Geneva Heights
- Middle School: Long
- High School: Woodrow Wilson
Heating & Cooling
Utilities
- Utility Description:
City Sewer
City Water
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sqft.): 7,492.32
Financial Considerations
- Price per Sqft.: $454
- Price per Acre: $3,691,860
- For Sale/Rent/Lease: For Sale
Disclosures & Reports
- Legal Description: BLK 6/1973 LT 16 RICHARD AVE
- APN: 00000190615000000
- Block: 6/197
If You Have Been Referred or Would Like to Make an Introduction, Please Contact Me and I Will Reply Personally
Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes. Call: 214.522.1000 — Text: 214.505.9999
Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)
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