Seller Financing
Address
7237 E Parker, Lucas, TX
Price
$ 6,375,000
Property Attributes
- MLS#20575949
- TypeLand
- CountyCOLLIN
- CityLucas
- Zip75002
- StyleUnimproved Land
- Price$ 6,375,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size25.11 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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 $1.1 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 on Crexi and LoopNet.
| Elementary School |
|---|
| Hunt Elementary School |
| Price History | |
|---|---|
| 4/2/2024 | Listed $6,375,000 |
General Features
| Development Status | Zoned |
|---|---|
| Utilities | City Water,Electricity Available,Septic,Well |
| Possession | Closing/Funding,Negotiable |
| Easements | Electric |
| current use | Agricultural,Pasture,Residential,Unimproved |
| Restrictions | No Divide |
| School District | Plano ISD |
| Documents Available | Plat Approved,Survey |
| Will Subdivide | No |
| Property SubType | Unimproved Land |
| Subdivision Name | None |
| Possible Use | Development,Residential,Single Family |
| Zoning Description | Residential |
| County | Collin |
| Property Type | Land |
| HOA Type | None |
| Status | Active |
| Directions | Use GPS - property is located at the intersection of E. Parker Road and MCcreary Road in Lucas. |
| City | Lucas |
| Buyer Agent Compensation | 1.50 |
| Elementary School Name | Hunt |
| High School | Mcmillen |
| Street Name | Parker |
| Elementary School | Hunt |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20575949 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|
Exterior Features
| Lot Features | Acreage,Lrg. Backyard Grass,Pasture |
|---|---|
| Soil Type | Unknown |
| Lot Size | 10 to < 50 Acres |
| Frontage Feet | 600 |
| Lot Size Area | 25.1100 |
| Lot Size Units | Acres |
| Road Frontage Type | City Street,Curbs/Gutters,Easement |
| Lot Size Square Feet | 1093791.6000 |
| Lot Size Acres | 25.1100 |
| Road Surface Type | Concrete |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 75002
Price
Visits
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
