This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
10756 Farm to Market 121 - 51.6+/- Acres | Van Alstyne, TX
51.6 Acres of Residential Land Offered at £3,755,760 in Van Alstyne, TX 75495
Investment Highlights
- The Site is located less than a mile and a half east of US-75, which offers convenient access to the DFW Metroplex.
- K. Hovnanian is selling homes in their Lincoln Pointe subdivision across FM 121 from the Site with homes up to $624,900.
- The residential mix in the Planned Development allows for 25 homes on 75’ lots, 67 homes on 65’ lots, and 34 homes on 40’ lots (Duet Homes).
- Numerous national neighborhood retailers are less than a mile and a half from the Site including McDonald’s, Sonic, Subway, Dollar General, and more.
- The Site is zoned by a conditionally approved Planned Development allowing for 126 single-family lots and 1 acre of Commercial.
- The one-acre commercial tract follows the City of Van Alstyne C-1 zoning which allows for child care centers, professional office, restaurants & more.
Property Facts
| Price | £3,755,760 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 51.60 AC |
| Price | £3,755,760 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 51.60 AC |
1 Lot Available
Lot
| Price | £3,755,760 | Lot Size | 51.60 AC |
| Price Per AC | £72,786 |
| Price | £3,755,760 |
| Price Per AC | £72,786 |
| Lot Size | 51.60 AC |
Description
Vanguard Real Estate Advisors has been exclusively retained to offer builders and developers the opportunity to purchase 51.6+/- zoned acres along FM 121 in Van Alstyne, TX (the “Site”). The Site is zoned with a conditionally approved Planned Development pending finalization of a Development Agreement that is currently being negotiated by Seller which allows for 126 single-family lots and one acre of commercial. The single-family lots sizes include 75’, 65’, and 40’. The Site is prominently located less than a mile east of Downtown Van Alstyne and less than a mile and a half east from US-75 providing convenient access to the DFW Metroplex. This represents an excellent opportunity to purchase land with residential and commercial entitlements in a rapidly growing submarket of North Texas. A 2% co-broker fee is available to a third-party broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity
PROPERTY TAXES
| Parcel Number | 135658 | Improvements Assessment | £0 |
| Land Assessment | £2,146 | Total Assessment | £2,146 |
PROPERTY TAXES
zoning
| Zoning Code | Planned Development |
| Planned Development |
-
Jordan Cortez -
Justin Tidwell -
Mason John -
Haley Birmingham -
Will Droese -
Reid Pierce -
Jim McNulty -
Vanguard Real Estate Advisors
Presented by
10756 Farm to Market 121 - 51.6+/- Acres | Van Alstyne, TX
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.