Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 9 days ago on .

User Stats

1
Posts
0
Votes
William Sanchez
0
Votes |
1
Posts

First-Time Investor with a Flag Lot in Irving, TX – Seeking Guidance & Ideas!

William Sanchez
Posted

Hi everyone,

My name is William, and my wife and I are both teachers who are excited to begin our real estate journey. Recently, my dad gifted me a flag lot in Irving, TX (zoned R-6 Residential), originally with the intention of building a home for ourselves. However, after doing some thinking, we’d love to explore how to make this an investment opportunity.

Here are the lot details:

  • Total size: 1.029 acres (approx. 44,839 sq ft)

  • Frontage: 73 ft wide

  • One side length: 434.61 ft

  • Flag leg: 270 ft long

  • Zoning: R-6 Residential

  • City feedback: Because it’s a flag lot, the city mentioned it would be difficult to build multiple homes, even though the lot is large enough in terms of square footage.

We’re exploring possible options like:

  • Building a single-family home and selling or renting it

  • Applying for a variance or possibly rezoning

  • Exploring any kind of ADU or duplex strategy (if viable)

  • Partnering with someone more experienced to develop the land

I’m reaching out here because we’re hitting a few roadblocks trying to figure out what’s actually possible. We’d be so grateful for any advice from folks who’ve dealt with similar lots, flag lot challenges, or zoning in the Dallas/Irving area.

Any suggestions on:

  • Who to talk to (land planners, local builders, zoning consultants)?

  • How to approach the city with a strong proposal?

  • Creative investment strategies for tricky lots?

Thanks in advance for reading and for any direction you can offer. We’re motivated, teachable, and hoping this lot can be our launch pad into real estate.

Warmly,
William & Laura