7237 E Parker Rd - Residential LAND FOR SALE


Lucas, TX 75002 1,089,000 SF
$5,999,000 USD
214-728-9907
7237 E Parker Rd, Lucas, TX for Sale
$5,999,000 USD
Residential LAND - FOR SALE
1/12
1,089,000 SF

7237 E Parker Rd
Lucas, TX 75002


OVERVIEW

This extensive property package offers a compelling investment opportunity, featuring four parcels totaling 25 acres, each brimming with potential. Zoned SF-1 for one-acre lots, the land comprises seventeen (17) one-acre lots and two (2) 2+ acre lots, complete with city entitlements and approved site plans, positioning it as a premier investment opportunity. With its level topography and remarkable visibility, boasting approximately 600 feet of frontage along Parker Road, and supplemented by existing water and electrical services, the property provides an ideal canvas for development endeavors. In Lucas, where the median home price stands at $1.4 million as of April 2024, and properties are listed up to $5.3 million, the residential market flourishes, offering ample room for exploration. Delve deeper into this exceptional property through our video available LoopNet.

FOR SALE DETAILS

PRICE

$5,999,000 USD

PRICE/ACRE

$239,960/AC

PRICE/SF

$6 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

City Approved & Entitled for Luxury Homes

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Industrial, Retail, Office, Medical, Single Family Development

LAND ACRES

25 AC

LAND SF

1,089,000 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Cable, Telephone

ZONING

Residential

APN/PARCEL ID

361682

ASK ABOUT THIS PROPERTY

Alexander AcuñaThe Acuña Group - KW CommercialMore Info
214-728-9907

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Alexander AcuñaThe Acuña Group - KW CommercialMore Info
214-728-9907

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