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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
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
1 Lot Available
Lot
Price | £3,392,478 | Lot Size | 43.48 AC |
Price Per AC | £78,023.88 |
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
Parcel Numbers | Improvements Assessment | £0 | |
Land Assessment | £0 | Total Assessment | £5,614 |
PROPERTY TAXES
zoning
Zoning Code | D2 (Farms) |
D2 (Farms) |
Presented by
Dutch and Cheryl Wiemeyer
Us Hwy 377 - 43.4 Acres, Us Hwy 377, Pilot Point, TX
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