Property Description

Calling all developers! This is a very unique listing. The owner has a full set of development plans that can convey with this sale. There is approval from TxDOT for this project. The County has already approved the exiting three phase development and can be used for a quick turn time on breaking ground instantly. The lot next to this property was donated to Hilco from this owner and because of that there is full approval for all water meters and sewer. The best part is it’s right on Lake Whitney! If you are familiar with this area then you know it’s hard to find any property on Lake Whitney. From a developer standpoint you know all the hard work has been done with all the approval. You can break ground quickly and generate a great return with the plans that will convey. If you want to do something completely different that’s also an option! The seller is willing to subdivide before closing if you do not want to have this much land or you just need a smaller price point. The other option is 2.4 acres at $850k and the sellers willing to carry $300k with a 4.7% rate. Call for more details and we can go over the extensive details of this wonderful development project! This price point wouldn’t be the three phase development since this is based on the property being divided in half. The full parcel is 5.2 acres for 1.2M. Call to schedule a showing!

Property Features

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