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309 West St
Nevada, TX 75173
West Street Development Tract – Nevada, TX · Land For Sale
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46.17 AC
Investment Highlights
- Prime ±46.17 Acres in Collin County’s Path of Growth — strategically located in Nevada’s ETJ, just minutes from Wylie, Lavon, and Josephine
- Development-Friendly Topography — majority is flat, open land with no known floodplain and minimal environmental encumbrances
- High-Demand Submarket — strong buyer pool driven by high-income households, rapid population growth, and limited supply of large tracts
- Priced to Move at $65,000/acre — competitive for scale, location, and development potential
- Exceptional Connectivity — quick access to Highway 78 & Highway 6, plus close proximity to the planned Collin County Outer Loop
- Assemblage Potential — adjacent ±55-acre tract with frontage on HWY 6 also available, creating a contiguous ±101-acre development opportunity
Executive Summary
This ±46.17-acre property offers a rare chance to secure a large, contiguous tract in the fast-growing Collin County market. Located within the City of Nevada’s ETJ, it offers flexible development potential without current city zoning restrictions.
LOCATION & ACCESS
• Address: 309 West Street, Nevada, TX 75098
• Minutes to Hwy 78 & Hwy 6
• Near Wylie, Lavon, and Farmersville
• Along the path of the future Collin County Outer Loop
• 30–40 minutes to major employment hubs in Plano, Allen, and McKinney
PROPERTY FEATURES
• ±46.17 acres of mostly level, usable land
• No known floodplain encumbrances
• Ideal for single-family, build-to-rent, or mixed-use projects
• Strong demographics:
– Median household income: ~$131,000
– Median age: younger profile supporting long-term housing demand
– Surrounding communities with sustained growth and builder activity
DEVELOPMENT POTENTIAL
• Residential subdivision (1-acre estates or higher density)
• Build-to-rent community
• Mixed-use with residential + retail/amenities
• Land bank for future appreciation
INFRASTRUCTURE & UTILITIES
• Near planned Collin County Outer Loop
• Utilities available nearby (buyer to verify providers & capacities)
MARKET CONTEXT
Collin County ranks among the fastest-growing counties in the U.S. Major builders are active in surrounding areas, and large development-ready tracts are increasingly scarce. The property’s location positions it to benefit from both near-term demand and long-term appreciation.
BONUS OPPORTUNITY
An adjacent ±55-acre tract is also available, creating a combined ±101-acre assemblage for larger-scale master planning or phased development.
OFFERING TERMS
• Asking: $65,000 per acre (~$3M total)
• Buyer to verify utilities and development feasibility
This property is a prime candidate for developers, investors, and land bankers seeking scale, location, and long-term upside in the heart of Collin County’s growth corridor.
Property Facts Under Contract
1 Lot Available
Lot
| Price | $3,001,050 | Lot Size | 46.17 AC |
| Price Per AC | $65,000.00 |
| Price | $3,001,050 |
| Price Per AC | $65,000.00 |
| Lot Size | 46.17 AC |
Premiere 46.17-acre parcel in Nevada, TX (Collin County ETJ). Flat, usable land in a high-growth market. Strong access via Hwy 6 and Hwy 78, and just a short distance from planned Outer Loop corridor. Ideal for subdivision, BTR, or long-term land ban
Description
Prime 46.17-Acre Development Opportunity in High-Growth Collin County Introducing an exceptional opportunity to acquire ±46.17 acres in the ETJ of Nevada, Texas — one of the fastest-growing areas in the Dallas–Fort Worth Metroplex. This contiguous tract offers an ideal mix of scale, location, and development potential, positioned to capitalize on Collin County’s ongoing residential and commercial expansion. Property Highlights Size & Location: ±46.17 acres of flat, usable land, just minutes from Highway 78 and Highway 6, with easy access to surrounding cities including Wylie, Lavon, and Josephine. Proximity to Growth: Located near the planned Collin County Outer Loop corridor, providing future connectivity and transportation advantages. Favorable Development Profile: Outside city limits yet within the Nevada ETJ, offering flexibility in planning, zoning, and annexation potential. No known floodplain; flat topography supports efficient site design. Investment Potential: Competitive pricing at $65,000/acre — attractive for large-scale buyers in a market with increasing land values. Strategic Advantages The property’s location in Collin County positions it within one of Texas’ most sought-after growth corridors. Nearby residential developments and master-planned communities (including the Elevon development in Lavon) highlight strong builder activity and buyer demand in the area. High median household incomes and population growth trends point toward sustained demand for quality housing and mixed-use developments. Development Possibilities Subdivision: Ideal for 0.50-1 acre lot development to meet demand for rural residential living within commuting distance to DFW. Build-to-Rent Community: Capitalize on the growing demand for single-family rental housing. Land Banking: Hold for long-term appreciation as infrastructure and residential expansion continue. Custom Master Plan: Develop a mixed-use community with residential, recreational, and limited commercial components to serve the growing population. Regional Growth & Access Collin County continues to lead Texas in population and economic growth. The Outer Loop project and other regional infrastructure plans are set to improve connectivity and attract further investment. Surrounding municipalities have seen rapid residential absorption, with new subdivisions from DR Horton, Trophy Signature, and HistoryMaker Homes. Utilities & Services Buyers will benefit from researching nearby utility providers for water, sewer, and electric services to evaluate feasibility. The flat, open landscape and lack of many environmental encumbrances make this an attractive candidate for development. Additional Opportunity An adjacent ±55-acre tract (currently listed separately with another broker) may be acquired concurrently, offering a combined ±101-acre assemblage for larger-scale development. Offering Summary Price: $3,001,050 (±$65,000/acre) Location: 309 West Street, Nevada, TX 75098 Size: ±46.17 acres Jurisdiction: Nevada ETJ (Collin County) Zoning: Residential and Unzoned (majority is outside city limits) Access: Via West Street; near Highway 6 Topography: Flat, no known floodplain
