Lakeside Drive - Residential LAND FOR SALE


Kaufman, TX 75142 1,504,127 SF
$2,814,000 USD
214-556-1951
Lakeside Drive, Kaufman, TX for Sale
$2,814,000 USD
Residential LAND - FOR SALE
1/4
1,504,127 SF

Lakeside Drive
Kaufman, TX 75142


HIGHLIGHTS

  • The approximately 34.53+/- acre site is located 35 miles southeast of Downtown Dallas via Highway 175.
  • Five Points Drive has already been constructed providing access to the Site from South Washington Street and brought all necessary infrastructure.
  • 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.
  • The Site currently has an approved Planned Development (PD) and Development Agreement in place with the City of Kaufman.
  • 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.
  • 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.

OVERVIEW

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 $25,768 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.

FOR SALE DETAILS

PRICE

$2,814,000 USD

PRICE/ACRE

$81,494/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

134 Entitled Single Family Paper Lots

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Master Planned Community, Planned Unit Development, Single Family Development, Single Family Residence

LAND ACRES

34.53 AC

LAND SF

1,504,127 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

PD-22

APN/PARCEL ID

54860

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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