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104 Wesson St
Gun Barrel City, TX 75156

$2,600,000 USD

Land For Sale  •  118.75 AC

Property Details

  • Property Type Land
  • Lot Size 118.75 AC
  • Zoning Single Family; Vacant
30 Walk Score

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase 53 single family platted lots and a contiguous 102.12+/- acres of raw land. Please note, Ownership will consider selling off the 53 single family platted lots and the 102.12+/- adjacent acres together or separately. The 53 platted lots are located in the existing Phase 1 of the Cottages at Cedar Creek subdivision, which consists of primarily 65’ x 100’ lot sizes. Ownership has already built 9 homes and will be retaining an additional 6 finished lots. Of the 9 homes that have been built, Ownership has sold 6 with 3 homes currently listed for sale up to $399K. 

The 102.12+/- adjacent acres is currently zoned “Vacant” with the potential to rezone for a variety of future uses; a concept plan has already been contemplated for this acreage and shows 274 additional lots. The Site is well located less than a quarter mile south of Main Street with additional access and frontage along State Highway 198 (Gun Barrel Lane). This represents a rare opportunity to acquire platted lots and/or additional raw land in a prime location at an exceptional price per acre of only $22,439 per acre.

Highlights

The Site is ideally located less than a quarter of a mile south of Main Street and only 3.5 miles from Highway 175 which connects into Downtown Dallas
The Site is located at the SWQ of Main Street and State Highway 198 (Gun Barrel Lane) directly behind Lowe’s with numerous retail options/restaurants.
The Site is half a mile from Cedar Creek Lake which allows future residents to enjoy all the recreation the lake has to offer such as boating, fishing
The Site includes 53 platted lots that consists of primarily 65’x100’ lots sizes.
The additional 102.12+/- acres of raw land has a concept plan that contemplates an additional 274 single-family lots.
The 102.12+/- acres of raw land is currently zoned “Vacant” with the potential to rezone for a variety of future uses outside of single family.
Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors
Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors