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5880 FM 2862 - 5880 FM 2862 - Parcel A -E 50 - 103 Acre Commercial Land Lots Offered at $1,331,700 - $6,858,500 Per Lot in Anna, TX 75409

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INVESTMENT HIGHLIGHTS

  • Spectacular 27-Acre Lake
  • 3400 feet frontage on FM 2862
  • Handsome Rental Cottage and large storage barn
  • Scenic 6-Acre Lake
  • Picturesque hilly topography framed by mature trees

EXECUTIVE SUMMARY

340 Acres currently divided into 5 Parcels - A-E. Seller will consider creating customized Parcels and associated pricing.
Parcel A: 50 Acres: $2,536,000
Parcel B: 54 Acres: $4,314,600
Parcel C: 64 Acres: $3,764,400
Parcel D: 103 Acres: $6,858,500 (Can Divide)
Parcel E: 69 Acres: $1,331,700
Located in the ETJ of Anna, TX (fastest growing city in Collin County) in the mushrooming growth sector of Northern Collin County (3rd fastest growing county in the USA). Brunhild Investments has now divided this gorgeous 340-acre slice of paradise into 5 parcels (A, B, C, D, E). The rolling hills of this scenic property wrap around a spectacular 27-acre lake, boasting picturesque lakeside views.
• Parcel A: 50 Acres (out of the total 340-acre property)
- Price: $2,536,000
- Configuration: Parcel A is the northwesternmost parcel of the 340-acre property.
- Amenities: 2048 feet of frontage on FM 2862 (the area's busiest artery).
- Topography: Mostly flat land … well-suited for development.
- Accessibility: Excellent ingress and egress from frontage on FM 2862.
- Utilities: City water and electricity already exist on property. Requires Septic.
- Improvements: Parcel A includes a 1400 sf Rock Cottage in good condition and an Equipment and Storage Barn (72' x 48').
- Water Features: 1/2 acre stock pond in southern portion of Parcel A
• Parcel B: 54 Acres
- Price: $4,314,600
- Configuration: Runs north-south along the western shoreline of a scenic 27-acre Lake. All portions of Parcel B feature "jaw-dropping" lake views and scenery.
- Amenities: Lakefront property. Incredible views, fishing, boating
- Topography: The sloping topography boasts excellent drainage towards the lake and is well-suited for development.
- Accessibility: Ingress and egress through Parcel A (frontage on FM 2862).
- Utilities: City water and electricity from Parcel A (frontage on FM 2862). Requires Septic.
- Improvements: Spillover Dam system for lake level control
- Water Features: 27 Acre Lake. 100% Lakefront Property
• Parcel C: 64 Acres
- Price: $3,764,400
- Configuration: Parcel C is the northeasternmost parcel of the 340-acre property.
- Amenities: 1354 linear feet of frontage on FM 2862.
- Topography: Lakefront sections, rolling hills, flat lands and sloped land - good drainage … well-suited for development.
- Accessibility: Excellent ingress and egress from frontage on FM 2862.
- Utilities: City water and electricity run along both sides of FM 2862. Requires Septic.
- Water Features: 27 Acre Lake. Many acres of lakefront property.
• Parcel D: 103 Acres (dividable)
- Price: $6,858,500
- Configuration: Parcel D is situated in the southeastern portion of the 340-acre property.
- Amenities: Predominantly lakefront property (2 lakes). Incredible views, fishing, boating
- Topography: Lakefront sections, rolling hills, flat lands, and sloped land - good drainage … well-suited for development.
- Accessibility: Ingress and egress through Parcel C (frontage on FM 2862).
- Utilities: City water and electricity from Parcel C (frontage on FM 2862). Requires Septic.
- Water Features: 27-acre lake and 6-acre lake. Many acres of lakefront property.
• Parcel E: 69 Acres
- Price: $1,331,700
- Configuration: Parcel E is situated in the southernmost portion of the 340-acre property.
- Topography: Approx. 61 Acres of floodplain and 8 acres of woodlands (buildable).
- Floodplain: Usable for recreational amenities (park, sports fields, golf course, equine and hike/bike trails), equine amenities, livestock and agricultural lands.
- Woodlands: Should be buildable land for homes, barns, etc.
- Utilities: Requires Septic.
- Water Features: Parcel E is bounded on its southern side by the scenic, winding Sister Grove Creek.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual -
Annual Per AC -

PROPERTY FACTS Under Contract

Price $1,331,700 - $18,705,200
Sale Type Investment
No. Lots 5
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Horse Stables
  • Master Planned Community
  • Single Family Development
  • Single Family Residence
Total Lot Size 340.00 AC
No. Stories 1
Zoning Agricultural - ETJ of Anna, Texas

5 LOTS AVAILABLE

Lot Parcel A

Price $2,436,000
Price Per AC $48,720.00
Lot Size 50.00 AC

• Parcel A: 50 Acres (out of the total 340-acre property) - Price: $2,536,000 - Configuration: Parcel A is the northwesternmost parcel of the 340-acre property. - Amenities: 2048 feet of frontage on FM 2862 (the area's busiest artery)

Lot Parcel B

Price $4,314,600
Price Per AC $79,900.00
Lot Size 54.00 AC

• Parcel B: 54 Acres - Price: $4,314,600 - Configuration: Runs north-south along the western shoreline of a scenic 27-acre Lake. All portions of Parcel B feature "jaw-dropping" lake views and scenery. - Amenities: Lakefront property.

Lot Parcel C

Price $3,764,400
Price Per AC $58,818.75
Lot Size 64.00 AC

• Parcel C: 64 Acres - Price: $3,764,400 - Configuration: Parcel C is the northeasternmost parcel of the 340-acre property. - Amenities: 1354 linear feet of frontage on FM 2862. - Topography: Lakefront sections, rolling hills, f

Lot Parcel D

Price $6,858,500
Price Per AC $66,587.38
Lot Size 103.00 AC

• Parcel D: 103 Acres (dividable) - Price: $6,858,500 - Configuration: Parcel D is situated in the southeastern portion of the 340-acre property. - Amenities: Predominantly lakefront property (2 lakes). Incredible views, fishing, boati

Lot Parcel E

Price $1,331,700
Price Per AC $19,300.00
Lot Size 69.00 AC

• Parcel E: 69 Acres - Price: $1,331,700 - Configuration: Parcel E is situated in the southernmost portion of the 340-acre property. - Topography: Approx. 61 Acres of floodplain and 8 acres of woodlands (buildable). - Floodplain:

DESCRIPTION

With its breathtaking lake views, framed by rolling hills, the topography and character of this property is very unique to North Texas. Located in the ETJ of Anna, TX in the mushrooming growth sector of Northern Collin County, this 340-acre slice of paradise wraps around a spectacular 27-acre lake (private), boasting picturesque lakefront views. The 340-acre property is bounded by another 6-acre lake and meandering Sister Grove Creek to the south and over 3400 linear feet of frontage on FM 2862 compose its northern boundary. About the Parcels: Recently, we have divided the 340-acre property into 5 parcels (Parcels A, B, C, D, and E). The attached brochure includes details and pricing on each of the five parcels (including a Topo Map, showing the 100-year flood plain, and a survey) as well as an aerial photo of the property for additional reference. Note: Parcel B (54 acres) and Parcel D (103 acres) provide the most scenic lake-front views, and Parcel A (50 acres) and Parcel C (64 acres) have the FM 2862 Frontage (combined 3400 feet). FM 2862 is one of the more prominent thoroughfares in the area. Parcel E (69 acres) is mostly floodplain but does have about 6 to 7 acres of buildable land (perfect for an equine facility with pastures). About Anna Texas: Just read the attached article in the Dallas Business Journal. To paraphrase, Collin County is the 2nd fastest growing county in the USA, and The City of Anna is “booming” as the fastest growing city in Collin County (reportedly, 4th fastest growing city in the USA!)! And, our property is the largest contiguous tract in Anna (never mind the most scenic with a 27-acre lake)! Location Accessibility: CR 2862 is a blacktop road with easy access to the City of Anna and the newly expanded State Hwy 121. City of McKinney (including the expanding McKinney Airport) is just 17 minutes away! Central Dallas, DFW Airport, and Love Field are all about 45 to 55 minutes away (pending traffic of course). About Utility Access: 1. Access to Utilities: Excellent - city water and electricity currently run along FM 2862. Currently, the property requires septic tanks, since City of Anna sewerage hasn’t made it quite yet (sewage lines are still about 2.5 miles away). Another point as to the excellent investment avenue of this property. Property Taxes: Very low for DFW. The property is in the ETJ (Extended Territory Jurisdiction), so the homeowner doesn’t pay City school taxes (even though the property is in the celebrated Anna school district). Additionally the property currently has an Agricultural Exemption which would be easy to keep active by a future owner(s).

  • Listing ID: 34321348

  • Date on Market: 12/30/2024

  • Last Updated:

  • Address: 5880 FM 2862, Anna, TX 75409

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