2303 Spencer, Dallas, Texas

$4,695,000
Active
2303 Spencer, Dallas, Texas
2303 Spencer, Dallas, Texas
2303 Spencer, Dallas, Texas
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Property Details

MLS ID: 21292265
Status: Active
Price: $4,695,000
Acres:
Type: Residential
Address: 2303 Spencer
City, State: Dallas, TX
County: Dallas County
ZIP Code: 75208
Parcel Number: 004004000 A0090000
Bedrooms: 18
Bathrooms: 32
SqFt: 26,178
Year Built: 2020

Description

707 Commerce Townhomes offers a rare adaptive-use investment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant 16 unit townhome community that can be strategically repositioned as a multifamily rental asset or sold individually as fee-simple townhome units. With complete vacancy, investors gain immediate operational control and the flexibility to execute lease-up strategies, phased unit sales, or a full redevelopment vision without tenant displacement or legacy management issues. The property is currently undergoing a comprehensive renovation program that will deliver best-in-class finishes, modernized systems, and upgraded amenities designed to meet the expectations of today’s urban renter or homeowner. Pictures do not represent current condition. The asset presents a compelling value-add opportunity with multiple exit strategies in a high-growth market supported by strong long-term demand drivers.

Directions: Commerce & Sylvan.

Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Cody Maxwell
Capitol Ranch Real Estate, LLC
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 28, 2026 at 12:00:00 PM UTC

Listed By: Rick Scheurer of Cms Strategic Partners, Llc