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24.95 acres McFarlin Road and FM 902 - 24.95 acres McFarlin Rd, Collinsville 24.95 Acres of Commercial Land Offered at $1,250,000 in Collinsville, TX 76233

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INVESTMENT HIGHLIGHTS

  • Development Opportunity
  • Investment Opportunity
  • Proximity to future Dallas North Tollway, Highway 377 and Preston Road (Hwy 289)

EXECUTIVE SUMMARY

Incredible investment opportunity for developer, short or long term hold investor, or an end user looking to gain equity over time! A preliminary plat has already been approved with Grayson County and includes 13, one to two acre lots. The water and electric providers have provided will-serve letters. Ideally located 2.5 miles from the future Dallas North Tollway, with quick access to Highway 377, Preston Road (Highway 289) and a quarter of a mile from 902. Property is Ag Exempt currently. No pipelines or floodplains present on the property.

PROPERTY FACTS

Price $1,250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Multifamily
  • Contractor Storage Yard
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Single Family Development
  • Warehouse
  • Agricultural
  • Agribusiness
Total Lot Size 24.95 AC

1 LOT AVAILABLE

Lot

Price $1,250,000
Price Per AC $50,100.20
Lot Size 24.95 AC

Ideally located 2.5 miles from the future Dallas North Tollway, with quick access to Highway 377, Preston Road (Highway 289) and a quarter of a mile from 902. Property is Ag Exempt currently. No pipelines or floodplains present on the property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
131103
Land Assessment
$340
Improvements Assessment
$355
Total Assessment
$695
  • Listing ID: 30810571

  • Date on Market: 1/29/2024

  • Last Updated:

  • Address: 24.95 acres McFarlin Road and FM 902, Collinsville, TX 76233

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