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301 Rector Street - The Junction 9.2 Acres of Residential Land Offered at $1,750,000 in Manor, TX 78653
Executive Summary
The project has full civil engineering plans and architectural plans completed. The project is close to having full site development permit approval and just needs to finalize the Plat.
Property Facts
| Price | $1,750,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 9.20 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $1,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 9.20 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,750,000 | Lot Size | 9.20 AC |
| Price Per AC | $190,217.39 |
| Price | $1,750,000 |
| Price Per AC | $190,217.39 |
| Lot Size | 9.20 AC |
The Junction subdivision is planned for 95 townhomes located along La Grange Street, just south of the intersection with Hwy 290 and FM 973 in Manor, Texas.
Description
The project has two planned layouts that can be accomplished in a short timeframe with the City of Manor. • Layout One- 106 Units. A simple SDP correction is needed for approvals which is estimated to be 2-3 months. • Layout Two- 110 Units. A variance to allow surface parking in lieu of the currently required cover parking would be needed via a dev agreement with city of Manor. City has said this method has precedent and should not be met with any significant pushback. This process is estimated to be 3-5 months working with city.
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $291,183 | Total Assessment | $291,183 |
Property Taxes
Parcel Numbers
Land Assessment
$291,183
Improvements Assessment
$0
Total Assessment
$291,183
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