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1747 N Houston School Rd 31.5 Acres of Residential Land Offered at $5,000,000 in Lancaster, TX 75134

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INVESTMENT HIGHLIGHTS

  • Approved for 94 lots of single family residential planned development
  • Located near major highways: I-35, I-20, I-45
  • Included in sale will be the proposed site plans and elevation design of houses
  • Water, gas and electricity on site

EXECUTIVE SUMMARY

This expansive parcel of raw land offers an exceptional opportunity for those with a vision of creating a thriving residential community. This plot of land has already received approval for single-family residential planned development, boasting an impressive total of 94 lots, and includes utilities to the site. Included in the package will be the proposed site plans and elevation design of the houses. One of the outstanding features of this land is its strategic location, offering convenient access to major transportation arteries. It is ideally situated in close proximity to I-35, I-20, and I-45, ensuring that residents will enjoy effortless connectivity to neighboring cities and key destinations. Furthermore, this property is strategically positioned near Lancaster's growing employment base and numerous distribution warehouse centers, making it an ideal location for those seeking employment opportunities or conducting business in the area. The region surrounding the property has experienced substantial growth, with a remarkable 25% increase in population over the last decade, underscoring the potential for continued prosperity and development. This is an exceptional investment opportunity that won't last!

PROPERTY FACTS

Price $5,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
Total Lot Size 31.50 AC
Zoning Residential - Single family residential

1 LOT AVAILABLE

Lot

Price $5,000,000
Price Per AC $158,730.16
Lot Size 31.50 AC

Expansive parcel of raw land located in the growing city of Lancaster. Conveniently located near I-35, I-20, and I-45 ensuring effortless connectivity to neighboring cities and destinations. Water, electric and gas already on site.

  • Listing ID: 29648286

  • Date on Market: 5/4/2023

  • Last Updated:

  • Address: 1747 N Houston School Rd, Lancaster, TX 75134

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