000 SOUTH State Highway 78 Hwy 24.77 Acres of Residential Land Offered at $15,000,000 in Farmersville, TX 75442

INVESTMENT HIGHLIGHTS

  • Great visibility from South State HWY 78.
  • LAKE HAVEN BLVD. is beautifully landscaped, has sidewalks and lighting for nighttime strolls with the family.
  • Easy access with Four Curb cuts on LAKE HAVEN BLVD.

EXECUTIVE SUMMARY

Look at this beautiful parcel of land with maximum retail potential or commercial use or Single-Family Development. Will Subdivide.
It is located at the SW corner of S.HWY 78 and Lake Haven Blvd. Nearby is Lake Haven, a master planned community, over 450 acres, about 1838 lots, with potential plans to have a fire station and an elementary school.
The increasing residential development in this area of Collin County continues to expand up HWY 78 putting this property at a premium spot for retail development. This property is in the ETJ of Farmersville. It is in ag. currently. It has four entrances with median cuts off Lake Haven Blvd. Three sides of the property are enclosed by 5 rail steel post fencing and stone columns. All entrances have gates with tall headers. It is relatively flat with a few trees in the fence lines. This is a beautiful opportunity! Motivated Sellers.

PROPERTY FACTS

Price $15,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Single Family Residence
Total Lot Size 24.77 AC
Cross Streets LAKE HAVEN BLVD.

1 LOT AVAILABLE

Lot 1

Price $15,000,000
Price Per AC $605,571.26
Lot Size 24.77 AC

2677' X 527' GREAT POTENTIAL FOR SINGLE FAMILY DEVELOPMENT, MIXED RETAIL OR COMMERCIAL USE.

PROPERTY TAXES

ZONING

Zoning Code AG (Agriculture)
  • Listing ID: 32189159

  • Date on Market: 6/19/2024

  • Last Updated:

  • Address: 000 SOUTH State Highway 78 Hwy, Farmersville, TX 75442