$389,000
For Sale
Browse 32 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This 8-acre parcel of land presents an exceptional investment opportunity with multiple potential uses. Located just outside the city limits, this property offers a prime location for future development with easy access to local amenities. The land has been upgraded with city sewer and the seller has secured a Letter of Intent from the local water district to service up to 110 units, making it ideal for a multi-unit residential development.
Offering flexibility for a variety of development projects including its strategic location, upgraded infrastructure, and access to utilities, this property is poised for long-term growth. Don’t miss out on this opportunity to secure a desirable piece of land with strong growth potential.

  • Property Details
      • Utility FeaturesAll Weather Road, City Sewer, Co-op Water, Outside City Limits
      • Property SubtypeImproved Land
      • School DistrictLone Oak ISD
      • Property TypePurchase
      • MLS #20823404
      • MLS #20823404
      • Lot DescriptionAcreage
      • Elementary SchoolLoneoak
      • Acres8.0500
      • Cost389000
      • SubdivisionS5049
      • CountyHunt

Location

Lucy CervantesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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