7237 E Parker Active Save Request In-Person Tour Request Virtual Tour
Lucas,TX 75002
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20575949
Lot Size 25.110 Acres
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.
Location
State TX
County Collin
Zoning Residential
Exterior
Utilities Available City Water,Electricity Available,Septic,Well
Building
Lot Description Acreage,Lrg. Backyard Grass,Pasture
Schools
Elementary Schools Hunt
Middle Schools Murphy
High Schools Mcmillen
School District Plano Isd
Others
Acceptable Financing 1031 Exchange,Cash,Contact Agent,Conventional,Owner Will Carry,Other
Listing Terms 1031 Exchange,Cash,Contact Agent,Conventional,Owner Will Carry,Other