7237 E Parker, Lucas, TX 75002 - MLS#20575949 - Linda Peterson

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Linda Peterson

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

$5,999,000

Est. payment - /mo

25.11 Acres Lot

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UPDATED:

08/07/2024 09:16 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20575949

HOA Y/N None

Lot Size 25.110 Acres

Acres 25.11

Property Description

This extensive property package offers a compelling investment opportunity, featuring four parcels totaling 25 acres, each brimming with potential. Zoned SF-1 for one-acre lots, the land comprises seventeen (17) one-acre lots and two (2) 2+ acre lots, complete with city entitlements and approved site plans, positioning it as a premier investment opportunity. With its level topography and remarkable visibility, boasting approximately 600 feet of frontage along Parker Road, and supplemented by existing water and electrical services, the property provides an ideal canvas for development endeavors. In Lucas, where the median home price stands at $1.1 million as of April 2024, and properties are listed up to $5.3 million, the residential market flourishes, offering ample room for exploration. Delve deeper into this exceptional property through our video available on Crexi and LoopNet.

Location

State TX

County Collin

Zoning Residential

Direction Use GPS - property is located at the intersection of E. Parker Road and MCcreary Road in Lucas.

Exterior

Utilities Available City Water, Electricity Available, Septic, Well

Street Surface Concrete

Lot Frontage 600.0

Garage No

Building

Lot Description Acreage, Lrg. Backyard Grass, Pasture

Schools

Elementary Schools Hunt

Middle Schools Murphy

High Schools Mcmillen

School District Plano Isd

Others

Restrictions No Divide

Ownership Contact Agent

Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Owner Will Carry, Other

Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Owner Will Carry, Other

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

Listed by Alex Acuna • Keller Williams Central

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Linda Peterson

+1(817) 829-3000

Broker Associate - Realtor | License ID: 0386837

Broker Associate - Realtor License ID: 0386837