Info@texlandmark.com | 972-757-9383

$6,375,000
25.11± Acres
Active
Collin County, TX

7237 Parker, Lucas, Texas

MLS ID: 20575949
Status: Active
Price: $6,375,000
Acres: 25.11±
Type: Unimproved, Land
Address: 7237 Parker
City, State: Lucas, TX
County: Collin County
ZIP Code: 75002
Parcel Number: R690100000501

Description

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.

Directions: Use GPS - property is located at the intersection of E. Parker Road and MCcreary Road in Lucas.

Additional Information

Exterior

Lot Features: Acreage, Back Yard, Lawn, Pasture
Lot Size Area: 25
Lot Size Square Feet: 1,093,792
Road Frontage Type: City Street, Easement
Road Surface Type: Concrete
Water Source: Public, Well

Financial/HOA/Schools

Elementary School: Hunt
Elementary School District: Plano ISD
Middle School: Murphy
Middle School District: Plano ISD
High School: Mcmillen
High School District: Plano ISD
Zoning Description: Residential

Extra Information

Documents Available: Plat, Survey
Wendy Johnson, ALC

Wendy Johnson, ALC

Rockwall, Texas

(972) 757-9383

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 25, 2024 at 12:00:00 AM UTC

Listed By: Alex Acuna of Keller Williams Central