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201 Lloyd Rd
Little Elm, TX 75068
Land For Sale
·
4.50 AC
Investment Highlights
- The Lots are approximately 4 minutes from US 380, 15 minutes from Interstate 35, and 22 minutes from the Dallas North Tollway.
- The Lots are served by Denton ISD which maintains an overall grade of “A-” per Niche.com.
- The townhomes can be developed as a for-sale or for-rent product.
- Less the two miles from the Village at Cross Roads, a retail development boasting Wal-Mart, Chick-fil-A, Dutch Bros Coffee, and much more.
- The Site includes 46 platted townhome lots with a front facing garage requirement. The approximate lot sizes consist of 28’x65’ lots.
- Ownership to convey all plans at closing. Existing plans include civil plans, architectural plans, and floor plans.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Single Family Residence |
| Property Type | Land | Total Lot Size | 4.50 AC |
| Zoning | Oak Point ETJ | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 4.50 AC |
| Zoning | Oak Point ETJ |
1 Lot Available
Lot 46
| Price | $1,800,000 | Lot Size | 4.50 AC |
| Price Per AC | $400,000.00 |
| Price | $1,800,000 |
| Price Per AC | $400,000.00 |
| Lot Size | 4.50 AC |
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders the opportunity to purchase 46 platted townhome lots located a block east of Oak Grove Parkway (FM 720) in the Oak Point ETJ (the “Lots”) adjacent to Little Elm and Aubrey. The lots consists of primarily 28’ x 65’ lot sizes. According to Ownership, the final plat has been recorded, and civil engineering plans have been fully approved; Ownership will convey their existing plans at Closing. These townhomes can be developed as a for-sale or for-rent product. The lots are located in an excellent location being less than a mile and a half south of US-380 which allows convenient accessibility throughout the DFW Metroplex. This represents a rare opportunity to acquire platted lots in a prime location within an established submarket at only $39,130 per paper lot.
Property Taxes
| Parcel Number | R38211 | Improvements Assessment | $0 |
| Land Assessment | $2,063,873 | Total Assessment | $2,063,873 |
Property Taxes
