This Land Property is Off-Market.

Hwy 73 at 25th Street

Groves, TX 77619 · Land For Sale

N/A

Print

Coventry Court Townhomes

Price N/A Property Sub-type Residential (land)
Lot Size 5.50 AC Property Use Type Vacant/Owner-User
Property Type Land Features
  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
  • Gas/Propane
Listing ID: 15576763 Date Created: 02/21/2008 Last Updated: 09/02/2008

Description

Fully engineered plans for 73 townhomes ready to pull permits and start construction. See attached housing report to ascertain the huge housing need for this region. Motiva (15 minutes from the site) has confirmed their $7 billion expansion in January 2008 and TOTAL (2 minute drive from site) firmed their $2.2 billion expansion in February 2008. TOTAL alone will bring over 2,200 new jobs to the immediate area. As you will see in the Housing Report, this area was greatly affected by Hurricane Rita and a significant portion of thier already tight housing stock was damaged or destroyed.

From Beaumont, Texas on I-10, take 69(s) to Tx 73 (w)- Groves. Exit 25th street and take left under freeway. The site is bound by the feeder of Hwy 73, 25th Street, and Cleveland Street. There is a 36 lot subdivision across the street building and selling houses in the $175,000 to $200,000+.

Highlights

  • High need for housing.
  • Proven market; new construction housing selling directly across the street.
  • Refinery expansions will drive need for housing for years to come.
  • Preferred school district to the surrounding areas
  • Already re-zoned and ready to pull permits. Start construction ASAP

Utilities

  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
  • Gas/Propane

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.