0000 W US 377 Highway
Cresson, TX 76035

$10,295,000

Type: Lots / Land
Listing #20389118
Putteet Hill is a 626 acre subdivision that completed Phase 1 in 2022. Of the 97 - 2+ acre lots in Phase 1, 60% of them have already been sold. This gated community boasts concrete streets and underground utilities, providing a high-quality living environment. The average home price in the subdivision exceeds $1 million. Phase 2 is 355+ acres of land that can be developed residentially and commercially. The property has 3,890 feet more or less of frontage on Highway 377, making it an ideal location for various commercial ventures such as shopping centers, professional office spaces and schools. A Preliminary Plat for 2-acre home sites on the remaining 355 acres has been completed. Alternatively, a public water system is possible, which would provide additional density. Putteet Hill is poised to take advantage of the current growth of the Dallas-Fr Worth metroplex with the entrance to the Cresson bypass only 2 miles away.
Property Features
Location Information
County: Hood
Subdivision: None
Interior Features
Has Fireplace: No
Exterior Features
Water / Sewer: Electricity Available, Electricity Connected, Overhead Utilities, Phone Available, Septic Available, Sewer Not Available, Underground
Utilities: Electricity Available, Electricity Connected, Overhead Utilities, Phone Available, Septic Available, Sewer Not Available, Underground
Fencing: Barbed Wire, Gate
Lot Description: Acreage, Agricultural, Interior Lot, City Lot
Lot Size in Acres: 355
Lot Size in Sq. Ft.: 15,463,800
Current Use: Agricultural, Cattle
Possible Best Use: Agricultural, Cattle, Comme
Zoning: Rural Residential City of Cresson
Development Status: Site Plan Approved, Streets Installed, Zoned
Road Description: City Street, Highway, All Weather Road, Concrete, Gra
Is One Story: No
Lot Description: Acreage, Agricultural, Interior Lot, City Lot
School
Elementary School District: Granbury ISD
Elementary School: Acton
Jr. High School: Acton
High School: Granbury
Additional Information
Property Type: LL
Property SubType: Unimproved Land
Status: Active
Has a Home Owners Association: No
HOA Frequency: Other
Documents Available: Survey, Topographical Survey
Lot Acres Source: Owner


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Monthly Tax: $
Monthly Insurance: $
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of
John Mercer, JTM-RE LLC
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NTREIS - North Texas data last updated at May 8, 2024 9:01 PM CT