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Linda Peterson

[email protected] +1(817) 829-3000

$6,067,500

Est. payment - /mo

48.54 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision I Walters

MLS Listing ID 21116032

HOA Y/N None

Annual Tax Amount $9

Lot Size 48.540 Acres

Acres 48.54

Property Sub-Type Unimproved Land

Property Description

Nearly 50 acres positioned along a major arterial roadway in one of the fastest-expanding corridors in North Texas. This area has been experiencing explosive residential and commercial growth, with population increases exceeding 25 percent annually and demand continuing to accelerate. The momentum of development has been further validated by H-E-B's recent acquisition of approximately 95 acres less than one mile from the entrance of this property - a powerful indicator of what's coming to this market. This tract sits at the center of a wave of master-planned communities and large-scale residential projects that are transforming the region. Major developments either under construction or preparing to break ground include, but are not limited to: Bryson Ranch – 3,000+ planned residential lots; Green Brick – 2,200 planned lots; Talley Ranch – approximately 3,500 lots; Maverick Farms – 364 acres of planned development. Collectively, these communities represent thousands of homes, millions of square feet of future rooftops, and enormous demand for retail, services, schools, medical, entertainment, and supporting commercial uses. This acreage offers an exceptional opportunity to acquire a premium development tract while the boom is still unfolding. Whether you choose to move immediately into planning and development or hold the property as a long-term investment, this site checks the key boxes of location, visibility, neighboring growth, and upward market trajectory. With the surge of residential expansion already shaping the landscape, this property stands positioned to benefit from tremendous near-term and long-term upside in one of the most rapidly growing cities in Texas.

Location

State TX

County Denton

Zoning ETJ - Open Zoning

Direction GPS searchable.

Exterior

Utilities Available Asphalt, City Water, Electricity Available

Garage No

Building

Lot Description Acreage, Pasture

Schools

Elementary Schools Pilot Point

Middle Schools Pilot Point

High Schools Pilot Point

School District Pilot Point Isd

Others

Restrictions None

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Steve Montagna • Steve Montagna Real Estate LLC

Nearby School & Business

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Linda Peterson

+1(817) 829-3000

Broker Associate - Realtor License ID: 0386837

10127 FM 1385 Pilot Point, TX 76258

Linda Peterson

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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