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5500 Kingswood Place dr - Kingswood Place Subdivision Ph II-V

26.52 Acres of Commercial Land Offered at £9,334,479 in Beaumont, TX 77708

Investment Highlights

  • Heavy Oil and Gas industry
  • 3 cul-de-sacs
  • 1 retention pond
  • Different lot sizes throughout
  • 5 miles to HWY 69
  • Plat Map on file

Executive Summary

Developers Dream. 119 lots in various sizes ready to be built on. One Road in to a hidden Subdivision with so much potential. Less than 5 miles to HWY 69 and Interstate 10. 119 Residential home sites offered at $100,000 per lot. Will sell in phases or in one transaction. Home sales are steady in phase 1 and will start phase 2 if we do not get a buyer. Developer wants to develop other parcels so they are willing to let this one go for the right price to the right builder. Call now and let's make a deal!

Property Facts

Price £9,334,479
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 26.52 AC

1 Lot Available

Lot 119

Price £9,334,479
Price Per AC £351,979
Lot Size 26.52 AC

119 Lots cleared and ready to be Built on. Subdivision offers 3 cul-de-sacs, 1 retention pond, curb and gutter with roads. Residential homesites. Home sales are steady in phase 1 with Phase 2 coming soon.

Description

Platted 26.52 Acres with 119 lots of various sizes. Curb and Gutter, 3 cul-de-sacs, 1 retention pond, close to shops restaurants, Interstate 10 and HWY 69.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
262421-000-000300-00000
Land Assessment
£51,712
Improvements Assessment
£0
Total Assessment
£51,712

zoning

Zoning Code Residential
Residential
  • Listing ID: 31474366

  • Date on Market: 10/04/2024

  • Last Updated:

  • Address: 5500 Kingswood Place dr, Beaumont, TX 77708

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