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26790 E US Highway 380 2.34 Acres of Commercial Land Offered at $2,800,000 in Little Elm, TX 75068
EXECUTIVE SUMMARY
This property at 26790 US-380 in Little Elm, TX offers significant opportunities for development and investment:
Demographics: Rapid population growth projected from 2023 to 2028, with annual growth rates of up to 4.17% in nearby areas.
Traffic Counts: High visibility with US-380 seeing 48,437 AADT (Annual Average Daily Traffic).
Land Details: 2.44+ acres available, surrounded by established retailers like Dollar General.
Income Levels: Average household income exceeds $140,000 within a 1-mile radius.
This information highlights the property's potential for retail, residential, or mixed-use development. Contact us for further insights and detailed reports.
PROPERTY FACTS
| Price | $2,800,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.34 AC |
| Property Type | Land | ||
| Zoning | LC - Light Commercial | ||
| Price | $2,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.34 AC |
| Zoning | LC - Light Commercial |
1 LOT AVAILABLE
Lot
| Price | $2,800,000 | Lot Size | 2.34 AC |
| Price Per AC | $1,197,092.77 |
| Price | $2,800,000 |
| Price Per AC | $1,197,092.77 |
| Lot Size | 2.34 AC |
Location: Prime positioning along US-380, surrounded by established retailers. Zoning: Suitable for retail, residential, or mixed-use development. Nearby Amenities: Proximity to schools, residential areas, and major roadways.
DESCRIPTION
Demographic Trends The area surrounding 26790 US-380 in Little Elm, TX is experiencing rapid growth: Population Growth: 2023 Estimated Population: 17,958 (1 mile), 89,366 (3 miles), 187,940 (5 miles). 2028 Projected Population: 22,024 (1 mile), 101,555 (3 miles), 223,986 (5 miles). Annual Growth Rates: 4.17% (1 mile), 2.59% (3 miles), 3.57% (5 miles). Household Income: Average Household Income: $140,508 (1 mile), $151,453 (3 miles), $152,355 (5 miles). Median Household Income: $115,256 (1 mile), $118,890 (3 miles), $118,807 (5 miles). These trends indicate a thriving community with increasing purchasing power, ideal for retail and residential development. Traffic Flow Analysis Roadway AADT (Annual Average Daily Traffic) Year US-380 48,437 2022 FM-1385 46,404 2022 FM-720 8,850 2021
PROPERTY TAXES
| Parcel Number | R38657 | Improvements Assessment | $0 |
| Land Assessment | $1,833,966 | Total Assessment | $1,833,966 |
PROPERTY TAXES
Presented by
24:15 Realty
26790 E US Highway 380
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