Land For Sale • 118.75 AC
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.
| 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. |