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$2,500,000

  • 62.48 acre lot

62.48 AC County Road 218

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Listing data updated

About this home

Exceptional investment and development opportunity in the rapidly growing Van Alstyne area! This approximately 62.48-acre tract on County Road 218 is strategically positioned near FM 3356, less than 2 miles south of FM 121 and approximately 3 miles north of FM 455. These major east-west corridors provide convenient…

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Exceptional investment and development opportunity in the rapidly growing Van Alstyne area! This approximately 62.48-acre tract on County Road 218 is strategically positioned near FM 3356, less than 2 miles south of FM 121 and approximately 3 miles north of FM 455. These major east-west corridors provide convenient connectivity between US Highway 75 and Preston Road (SH 289), placing the property in the middle of continued North Texas growth and development.

Offered at $2,500,000, approximately $40,013 per acre or $0.92 per square foot, the property is competitively priced to account for a north-south transmission corridor that bifurcates the acreage. This creates an opportunity for investors, developers and users whose plans may be able to incorporate or work around the existing utility infrastructure and easement.

The property is currently utilized for hay production with water and electricity available. Potential uses to investigate may include residential or commercial development, solar or renewable energy, RV park, utility or infrastructure-related uses, outdoor storage, agricultural use, or long-term land investment.

With significant development already occurring throughout Van Alstyne and the surrounding North Texas corridor, this property offers substantial acreage in a location positioned for continued growth.

Buyer and buyer's agent to independently verify all information, including acreage, utilities, zoning, restrictions, easements, access, development potential and feasibility of any proposed use.

Lot size
62.48 acres
Year built
2003
Property type
UnimprovedLand
Status
Active
MLS number
21406192

Listing courtesy of Coldwell Banker Realty Frisco

Office phone 972-712-8500

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Lot

Lot size
62.48 acres

Building

Year built
2003
Property type
UnimprovedLand

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This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

Listing courtesy of Coldwell Banker Realty Frisco. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated