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$6,067,500
Est. payment /mo
48.54 Acres Lot
UPDATED:
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
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21116032
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Listed by Steve Montagna • Steve Montagna Real Estate LLC
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