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502 N Oakridge Dr - Oakridge Acres
6.33 Acres of Residential Land Offered at £1,956,125 in Hudson Oaks, TX 76087
Investment Highlights
- Brand New 55+ Planned Development!
- New Construction!
- Already has city approval!
Executive Summary
Financial Summary (Actual - 2021) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2021) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot 4
| Price | £1,956,125 | Lot Size | 6.33 AC |
| Price Per AC | £309,024 |
| Price | £1,956,125 |
| Price Per AC | £309,024 |
| Lot Size | 6.33 AC |
6.33 Acre lot on the corner of N. Oakridge and Red Eagle Trail, less than 1 mile away from Walmart, banks, shopping, and restaurants.
Description
NEW CONSTRUCTION DEVELOPMENT OPPORTUNITY!! This +55 planned development and is a ready to go project consisting of 17 Triplexes, 2 Duplexes, Clubhouse, and swimming pool. Situated on 6.33 Acres in the heart of Hudson Oaks, TX conveniently located less than a mile away from Walmart, banks, restaurants, and shopping. This property is ready to pull permits and break ground! Builder is willing to build the project out completely, or you can buy the land, develop, and build yourself. There is already heavy interest on this property due to the rarity of the property and location so please don't waste time.
PROPERTY TAXES
| Parcel Number | R000094345 | Total Assessment | £225,393 (2023) |
| Land Assessment | £225,393 (2023) | Annual Taxes | -£1 |
| Improvements Assessment | £0 (2023) | Tax Year | 2021 |
PROPERTY TAXES
zoning
| Zoning Code | PD (Planned Development) |
| PD (Planned Development) |
-
Jason Ahlers -
JP and Associates REALTORS
Presented by
502 N Oakridge Dr - Oakridge Acres
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