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Executive Summary

- Eight fully buildable residential lots offered as a package in an established lakeside subdivision.
- Water and sewer utilities available at the property, reducing development costs and timelines.
- Paved road frontage with convenient highway access.
- Private community amenities including lake access and community dock.
- Strong potential for builder, developer, or build-to-rent investors.
- Growing market with increasing demand for affordable housing and lake-oriented living.
- Lots may be developed individually or as a cohesive residential project.
- Utilities and infrastructure already in place provide a significant advantage over raw land opportunities.
- Attractive location combining recreational amenities with accessibility to employment centers and daily conveniences.
- Excellent opportunity to capitalize on continued population growth and housing demand in the area.
- Ideal for spec homes, long-term rental development, or resale of finished lots.
- Rare chance to acquire multiple contiguous homesites in a desirable lakeside community.

Property Facts

Price $480,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.18 AC

1 Lot Available

Lot 60-67

Price $480,000
Price Per AC $2,666,666.67
Lot Size 0.18 AC

8 separate buildable lots approximately 0.18ac +/_ each, Can be sold together or purchased individually

Description

Rare investment and development opportunity featuring eight fully buildable lots in an established lakeside community. With water and sewer available, paved road access, and minimal site preparation needed, these lots are primed for immediate development. The subdivision offers private lake access and a community dock, amenities that continue to drive buyer demand and enhance property values. Convenient highway access provides an easy commute while maintaining the appeal of lakeside living. Located in a rapidly growing area with strong housing demand, this package presents an excellent opportunity for builders, developers, or investors seeking multiple ready-to-build homesites in a market poised for continued growth. Whether your strategy is spec homes, build-to-rent, or resale, these lots offer the infrastructure, location, and amenities needed for a successful project.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 40918001

  • Date on Market: 6/14/2026

  • Last Updated:

  • Address: 127 Pelican Drive, East Tawakoni, TX 75472

Contact the Sale Advisor

127 Pelican Drive - 8 Buildable Lots on the lake

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