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2500 SW Hulen St 18.53 Acres of Residential Land Offered at $3,646,500 in Burleson, TX 76028
INVESTMENT HIGHLIGHTS
- Site is entitled for up to 200 attached townhome lots through zoning ordinance 22-131, current concept plan has a mix of front and rear entry garages.
- Major retailers such as Walmart, 7-Eleven, Home Depot, Target, and H-E-B plus are located near the Site.
- The Site is Phase 1 of a larger 35.21+/- acre development which will contain up to 270 total townhome lots and 7.86+/- acres of retail.
- The Site is located 3 miles west of I-35 and a mile west of Highway 174. Additionally, the Site is located 11 miles south of the Fort Worth CBD.
- The Site is one mile west of Clinkscale Elementary and Burleson High School, both are part of the A- rated Burleson ISD.
- The multifamily market Asking Rent per CoStar is $1.52 per sqft, while Class A build-to-rent properties are achieving up to $2.16 per sqft.
PROPERTY FACTS
| Price | $3,646,500 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 18.53 AC |
| Property Type | Land | ||
| Zoning | SF-AT - Zoned SF-AT through Ordinance 22-131 | ||
| Price | $3,646,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 18.53 AC |
| Zoning | SF-AT - Zoned SF-AT through Ordinance 22-131 |
1 LOT AVAILABLE
Lot
| Price | $3,646,500 | Lot Size | 18.53 AC |
| Price Per AC | $196,788.99 |
| Price | $3,646,500 |
| Price Per AC | $196,788.99 |
| Lot Size | 18.53 AC |
DESCRIPTION
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer qualified builders and developers the opportunity to purchase 18.53+/- acres out of a larger 22.62+/- acre parcel. The offering is located at 2500 Southwest Hulen Street in Burleson, TX (the “Site”). The Planned Development zoning allows single family attached townhome zoning (SF-AT) for a for-sale or rental community. The Site is just 3 miles west of Interstate 35 within the City of Burleson which has a population of approximately 53,500 as of 2022 and just 11 miles south of the Fort Worth Central Business District. The price was recently reduced from $23,500 per paper lot to $19,500 per paper lot. The Seller will consider Developing finished lots for a purchaser based on offer structure. A 2% Co-Broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity.
CONTACTS
-
Jordan Cortez -
Justin Tidwell -
Mason John -
Will Droese -
Haley Birmingham -
Reid Pierce -
Tim Marron -
Alex Johnson -
Vanguard Real Estate Advisors
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2500 SW Hulen St
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