10756 Farm to Market 121 - Residential LAND FOR SALE


Van Alstyne, TX 75495 2,247,696 SF
$4,800,000 USD
214-556-1951
10756 Farm to Market 121, Van Alstyne, TX for Sale
$4,800,000 USD
Residential LAND - FOR SALE
1/5
2,247,696 SF

10756 Farm to Market 121
Van Alstyne, TX 75495


HIGHLIGHTS

  • The Site is located less than a mile and a half east of US-75, which offers convenient access to the DFW Metroplex.
  • Numerous national neighborhood retailers are less than a mile and a half from the Site including McDonald’s, Sonic, Subway, Dollar General, and more.
  • K. Hovnanian is selling homes in their Lincoln Pointe subdivision across FM 121 from the Site with homes up to $624,900.
  • The Site is zoned by a conditionally approved Planned Development allowing for 126 single-family lots and 1 acre of Commercial.
  • The residential mix in the Planned Development allows for 25 homes on 75’ lots, 67 homes on 65’ lots, and 34 homes on 40’ lots (Duet Homes).
  • The one-acre commercial tract follows the City of Van Alstyne C-1 zoning which allows for child care centers, professional office, restaurants & more.

OVERVIEW

Vanguard Real Estate Advisors has been exclusively retained to offer builders and developers the opportunity to purchase 51.6+/- zoned acres along FM 121 in Van Alstyne, TX (the “Site”). The Site is zoned with a conditionally approved Planned Development pending finalization of a Development Agreement that is currently being negotiated by Seller which allows for 126 single-family lots and one acre of commercial. The single-family lots sizes include 75’, 65’, and 40’. The Site is prominently located less than a mile east of Downtown Van Alstyne and less than a mile and a half east from US-75 providing convenient access to the DFW Metroplex. This represents an excellent opportunity to purchase land with residential and commercial entitlements in a rapidly growing submarket of North Texas. A 2% co-broker fee is available to a third-party broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/ACRE

$93,023/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

51.6+/- Acres | Van Alstyne, TX

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Single Family Development, Single Family Residence

LAND ACRES

51.6 AC

LAND SF

2,247,696 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

Planned Development

APN/PARCEL ID

135658

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.