New Price! Luxury Residential Development in Texas

Listing Number: 152089-251126

Description

Price drop! Prime opportunity for a residential developer or investor to acquire a 161-acre luxurious planned-community development in booming North Texas. Infrastructure has been completed; all that’s left is to sell the lots and build homes. Sixty-five lots are nestled among beautiful rolling hills, acres of mature trees and several ponds. Ideal for ambitious developers seeking a quick return on a lucrative investment.

Location: Parker County, close to I-20, west of Weatherford

Total size: 161 acres

Total potential gross revenue: $18,916,000

Listing Details

• Price: $ 9,999,000
• Down Payment: $7,250,000
• Sellers Discretionary Earnings: $ 0
• Total Sales: $ 0
• Location: Parker County, Texas


• Inventory: $ 18,916,000
• FF&E: $ 0
• Employees:
• Reason for Selling: Other Projects
• Category: Construction