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2301 Woodlawn Blvd - Katy Trails Village

36.34 Acres of Residential Land Offered at $3,000,000 in Denison, TX 75020

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Investment Highlights

The Site is currently zoned in a Planned Development allowing for 300 multifamily units, 77 townhome units, and a 1.41+/- acre retail site.
Ownership will also be conveying all third-party reports and existing construction plans for the Coffin Street Right-of-Way at Closing.
According to the US Census Bureau, Grayson County has a population of approximately 146,907 as of July 2023, an increase of 8.4 percent since 2020.

The Site is located within a Tax Increment Reinvestment Zone (TIRZ) with funds reserved to reimburse developers for eligible expenses.
The Site is located approximately 4 miles northeast of Gateway Village where Highland Homes is currently selling homes up to $574,860.

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Property Facts

Price	$3,000,000	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	36.34 AC

Price	$3,000,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	36.34 AC

1 Lot Available

Lot

Price	$3,000,000	Lot Size	36.34 AC
Price Per AC	$82,553.66

Price	$3,000,000
Price Per AC	$82,553.66
Lot Size	36.34 AC

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer qualified builders and developers the opportunity to purchase a 36.34+/- acre mixed-use development site known as Katy Trails Village in Denison, TX. The Site is currently zoned in a Planned Development allowing for 300 multifamily units, 77 townhome units and a 1.41+/- acre retail site. The Site is located in southern Denison along Woodlawn Boulevard and West Coffin Street approximately one mile north of Eisenhower Parkway (Spur 503), connecting to US-75 1.5 miles west. The Site will also greatly benefit from having direct access to the Denison Katy Trail, which will be a 2.3 mile trail system connecting Downtown Denison to the southern sector of the city; Phase Two of the Katy Trail system will serve the development. The Site is located within a Tax Increment Reinvestment Zone (TIRZ) with funds reserved to reimburse developers for select eligible expenses. This represents a great opportunity to acquire a mixed-use development site with entitlements and utilities in place at $1.89 psf. A 1.5% Co-Broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity. If seeking a Co-Broker Fee, the third-party broker must be identified upon initial conversation with listing broker.