Lakeside Drive
Kaufman, TX 75142
134 Entitled Single Family Paper Lots · Land For Sale
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34.53 AC
Investment Highlights
- The approximately 34.53+/- acre site is located 35 miles southeast of Downtown Dallas via Highway 175.
- The Site is less than half a mile from Highway 175 which boasts numerous national retailers such as Wal-Mart, Starbucks, McDonald’s, and more.
- According to the Preliminary Plat, the Site consists of 134 single family lots that are primarily 50’x120’ (60%) and 60’x130’ (40%) lot sizes.
- Five Points Drive has already been constructed providing access to the Site from South Washington Street and brought all necessary infrastructure.
- The Site currently has an approved Planned Development (PD) and Development Agreement in place with the City of Kaufman.
- Per Seller’s recent discussions with the City, they have indicated the City is potentially open to rezoning the Site to include 40’ and/or 30’ lots.
Property Facts
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer qualified builders and developers the opportunity to purchase 134 single-family entitled paper or finished lots (34.53+/- acres) within the Five Points mixed-use development in Kaufman, TX (the “Site”), a suburb of Dallas. This offering consists primarily of 50’ x 120’ and 60’ x 130’ lot sizes. Five Points is prominently located along South Washington Street, which connects US Highway 175 to Highway 34. The mixed-use development will also include multifamily, commercial, townhomes, and build-to-rent. At a price point of $22,000 per paper lot, this is an excellent opportunity to acquire entitled single family lots within a rapidly growing DFW submarket. 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to regarding this opportunity.
