7237 E Parker
Lucas, TX 75002
$6,375,000
Type: Lots / Land
Listing #20575949
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.
Property Features
County: Collin
Subdivision: None
Has Fireplace: No
Water / Sewer: Electricity Available, Septic Available, Water Available
Utilities: Electricity Available, Septic Available, Water Available
Lot Description: Acreage, Back Yard, Lawn, Pasture
Lot Size in Acres: 25.11
Lot Size in Sq. Ft.: 1,093,791
Current Use: Agricultural, Pasture, Residential, Unimproved
Possible Best Use: Development, Residential, S
Zoning: Residential
Development Status: Zoned
Road Description: City Street, Easement, Concrete
Is One Story: No
Lot Description: Acreage, Back Yard, Lawn, Pasture
Elementary School District: Plano ISD
Elementary School: Hunt
Jr. High School: Murphy
High School: Mcmillen
Property Type: LL
Property SubType: Unimproved Land
Status: Active
Has a Home Owners Association: No
Community Features: Curbs
Documents Available: Plat, Survey
$ per month
Year Fixed. % Interest Rate.
Principal + Interest: | $ |
Monthly Tax: | $ |
Monthly Insurance: | $ |
Listing courtesy of
Alex Acuna, Keller Williams Central
Alex Acuna, Keller Williams Central
© 2024 North Texas Real Estate Information Systems. All rights reserved.
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is, as available" basis only.
NTREIS - North Texas data last updated at May 19, 2024 8:42 PM CT
Real Estate IDX Powered by iHomefinder