Asking Price: $40,000

This vacant lot is located in the Alameda Heights subdivision of Oak Cliff. This is perfect if you're looking to build in an up-and-coming area near schools, shopping, and public transit. The median sales price for area new builds is $263,200. This community is bordered by Lancaster Road, E Ledbetter Drive, Bonnie View, and Simpson Stuart Road. In the last few years, Oak Cliff has become a focal point for development in Dallas, as City officials have realized that further growth should be concentrated on the southern end of Dallas — an area that offers large tracts of quality, developable land, and a viable workforce population.