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Us Hwy 377 - 43.4 Acres, Us Hwy 377, Pilot Point, TX

43.48 Acres of Commercial Land Offered at £3,392,478 in Pilot Point, TX 76258

Investment Highlights

  • Us Hwy 377 Frontage
  • Developing Area

Executive Summary

Located in a strategic growth zone, this prime 43.488-acre land parcel sits on US Hwy 377, just beyond the city limits of Pilot Point in Grayson County.
Its positioning, approximately 1,500 feet north of DR Horton's recently opened Windrose development and directly facing the proposed 4,060-unit Pecan Creek Addition, presents an enticing investment opportunity.
The property's northern edge is shown to align with a planned two-lane connector road outlined in Pilot Point's 2022 thoroughfare plan, and the presence of a City of Pilot Point water line on the property, and a larger city water line along Hwy 377's east side, all underscore its future potential.
This property is situated in the Pilot Point ETJ and the Lake Ray Roberts Land Use Ordinance Zone, with a current ag exemption in place.

Property Facts

Price £3,392,478
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
Total Lot Size 43.48 AC

1 Lot Available

Lot

Price £3,392,478
Price Per AC £78,023.88
Lot Size 43.48 AC

Two adjoining 21.744 acre tracts in the Pilot Point ETJ. Level, unimproved land with a city water line crossing it. Currently used for hay production with a current ag exemption in place.

Description

Located in a strategic growth zone, this prime 43.488-acre land parcel sits adjacent to US Hwy 377, just beyond the city limits of Pilot Point in Grayson County. Its positioning, approximately 1,500 feet north of DR Horton's recently opened Windrose development and directly facing the proposed 4,060-unit Pecan Creek Addition, presents an enticing investment opportunity. The property's northern edge is shown to align with a planned two-lane connector road outlined in Pilot Point's 2022 thoroughfare plan, and the presence of a City of Pilot Point water line on the property, and a larger city water line along Hwy 377's east side, all underscore its future potential. This property is situated in the Pilot Point ETJ and the Lake Ray Roberts Land Use Ordinance Zone, with a current ag exemption in place.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 134993
  • 444221
  • 444219
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£5,614

zoning

Zoning Code D2 (Farms)
D2 (Farms)
  • Listing ID: 31976785

  • Date on Market: 31/05/2024

  • Last Updated:

  • Address: Us Hwy 377, Pilot Point, TX 76258

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