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2640 County Road 427
Anna, TX 75409
BTR Zoning approved, Anna, TX · Land For Sale
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16.00 AC
Investment Highlights
- The Site is located a quarter mile north of the future Sherley Farms master-planned community by Tellus Group, with 3,000 homes approved.
- The Site is zoned MF-1 with an approved Development Agreement in place allowing for 180 units per the Concept Plan that was approved.
- Anna currently has a population of 23,558 residents and is expected to reach a population of 45,000 by 2030 according to the Dallas Morning News.
- The Site is approximately a quarter mile from Grand Estates of Anna where Grand Homes is currently selling homes up to $890K.
- As shown in the Concept Plan, there is a variety of 1-bedroom (72 units), 2-bedroom (68 units), and 3-bedroom (40 units) units
- Approximately 500 feet from Cedar Ridge Estates where Riverside Homes is selling homes up to $577K.
Property Facts
1 Lot Available
Lot
| Price | $3,331,251 | Lot Size | 16.00 AC |
| Price Per AC | $208,203.19 |
| Price | $3,331,251 |
| Price Per AC | $208,203.19 |
| Lot Size | 16.00 AC |
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders and developers the opportunity to purchase a 16.1+/- acre Build-to-Rent development site located along County Road 427 in Anna, TX (the “Site”). The Site is zoned MF-1 with an approved Development Agreement in place allowing for 180 units per the Concept Plan that was approved. The Site is well located just over a mile east of Highway 5, which allows convenient accessibility throughout the City of Anna and quick connectivity to US-75 and Highway 121 (Sam Rayburn Tollway).
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