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Daniel Dye

daniel@texasland.com +1(817) 312-0744

$ 3,049,000

Est. payment | -/mo

4 Beds

3 Baths

2,640 SqFt

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$ 3,049,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

2,640 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,640 sqft

Subdivision Chambers

MLS Listing ID 21228436

Style Craftsman,Early American

Bedrooms 4

Full Baths 3

HOA Y/N None

Year Built 1973

Annual Tax Amount $3,096

Lot Size 3.049 Acres

Acres 3.049

Property Sub-Type Single Family Residence

Property Description

3.049 +- Commercial Eligible Acres with over 225 feet of Highway 377 frontage. Now available for the first time in over 50 years, positioned directly in the path of opportunity. Not located in Flood Zone and Outside City Limits. East facing Prime location with immediate proximity to N. Sherman Drive, FM 455, Springhill Road and US HWY 380 known as the North Texas most active Commercial Corridors. This offering includes the opportunity to acquire the 3.049 acre tract, one of two contiguous parcels. The adjoining 2.716 Acre parcel is not for sale at this time and not included in this offering. Currently zoned residential this rare property is surrounded by expanding infrastructure and ongoing residential development, this location offers both immediate access and long term upside for investors, institutional assembly and commercial users. With planned TXDOT 6-lane highway expansion, this property is set to benefit from increased traffic counts, enhanced visibility and long term commercial viability. New owners will receive the eminent domain compensation from TXDOT partial acquisition which consists of. approx 5,7678 sq ft. As infrastructure drives development, sites like this become key anchors for future retail, service or mixed use projects to cater to the surge of new residential development. Structured with a one-year lease back to Seller this income producing property has a residential 4 bedroom 3 bath with recreation room single family home or office and propane heated pool. Well-suited for an owner-operator looking to establish a flagship presence. Buyers are encouraged to conduct independent due diligence to verify all information. Owner occupied. This property is subject to eminent domain. Information uploaded in transaction desk Please contact Listing Agent Ashlee Luna for additional questions or to schedule a tour. Survey available.

Location

State TX

County Denton

Direction Property is on West side of Highway 377. From 380 go north approx 6 miles property will be on the left. From Spring Hill Rd north on Highway 377 approx 1.7 miles north on left. Positioned across from Twin Cities Trailer Approx 0.2 miles south of N Sherman Drive. and Approx 3 miles south of FM 455

Rooms

Dining Room 1

Interior

Interior Features Built-in Features

Appliance Built-in Gas Range

Exterior

Carport Spaces 4

Pool Gunite, Heated

Utilities Available Cable Available, City Water, Individual Water Meter, Septic

Total Parking Spaces 4

Garage No

Private Pool 1

Building

Lot Description Acreage

Story One

Level or Stories One

Schools

Elementary Schools Pilot Point

Middle Schools Pilot Point

High Schools Pilot Point

School District Pilot Point Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21228436

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Ashlee Luna • RE/MAX Premier

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(817) 312-0744

daniel@texasland.com

8293 US-377 Highway Pilot Point, TX 76258