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1115 N Corinth St - Murrillo Market 2.14 Acres of Residential Land Offered at $2,200,000 in Corinth, TX 76208
Investment Highlights
- Fully approved 50-unit townhome development site in Corinth, Texas.
- Complete development package includes surveys, geotechnical report, and contractor bids.
- Seller financing available with 0% interest.
- Sale includes engineered drawings, architectural plans, and all permitting approvals.
- Planned mix includes three-bedroom, four-bedroom, and live-work units with attached garages.
- Development proforma with projected profit is included in the offering materials.
Executive Summary
*Offering seller financing with 0% interest. Inquire for full details*
Fully approved, 50 unit townhome development for sale in Corinth, Texas. Project includes complete engineered drawings, architectural plans, geotech, topography survey, ALTA survey, full approvals and everything else that a developer will need to file for a building permit and start digging! Bids are also included in development packet along with proforma that shows projected developer profit. Price: $2,250,000 (land + plans)
Planned Individual unit mix:
32 units: 3 bed, 2.5 bath, 2 car garage (1499 sqft)
12 units: 4 bed, 3.5 bath, 2 car garage (2228 sqft)
6 units: live work units: 3 bed, 3 bath, 2 car garage (2174 sqft)
We have preferred lenders who have reviewed and approved this project if you don’t already have financing lined up!
Fully approved, 50 unit townhome development for sale in Corinth, Texas. Project includes complete engineered drawings, architectural plans, geotech, topography survey, ALTA survey, full approvals and everything else that a developer will need to file for a building permit and start digging! Bids are also included in development packet along with proforma that shows projected developer profit. Price: $2,250,000 (land + plans)
Planned Individual unit mix:
32 units: 3 bed, 2.5 bath, 2 car garage (1499 sqft)
12 units: 4 bed, 3.5 bath, 2 car garage (2228 sqft)
6 units: live work units: 3 bed, 3 bath, 2 car garage (2174 sqft)
We have preferred lenders who have reviewed and approved this project if you don’t already have financing lined up!
Property Facts
| Price | $2,200,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.14 AC |
| Property Type | Land | ||
| Zoning | MXD - Multifamily, commercial, residential | ||
| Price | $2,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.14 AC |
| Zoning | MXD - Multifamily, commercial, residential |
1 Lot Available
Lot
| Price | $2,200,000 | Lot Size | 2.14 AC |
| Price Per AC | $1,028,037.38 |
| Price | $2,200,000 |
| Price Per AC | $1,028,037.38 |
| Lot Size | 2.14 AC |
Full approvals and everything else that a developer will need to file for a building permit and start digging! Bids are also included in development packet along with proforma that shows projected developer profit.
Description
Fully approved, 50 unit townhome development for sale in Corinth, Texas. Project includes complete engineered drawings, architectural plans, geotech, topography survey, ALTA survey, full approvals and everything else that a developer will need to file for a building permit and start digging! Bids are also included in development packet along with proforma that shows projected developer profit.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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1115 N Corinth St - Murrillo Market