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4293 Hopkins Rd
Krum, TX 76249 Denton

$13,777,500 USD

Land For Sale  •  130 AC

Property Details

  • Property Type Land
  • Lot Size 130 AC
  • Zoning PD
20 Walk Score

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to offer builders the opportunity to purchase 187 finished single family lots out of Phase 1 of Finley Crossing in Krum, TX. The anticipated substantial completion date is Q2 2028. This opportunity consists of 100 40’ lots and 87 50’ lots; the preference is to sell to one group but are open to offers on just the 40's or just the 50's. Overall, Finley Crossing will total 579+/- lots and consist of two phases at build-out.

HistoryMaker Homes will be the master developer of the community and will retain and build on 87 of the 50’ lots in Phase 1. They have indicated their projected ASP is $400,000 and average home square footage is approximately 2,300 sf. Finley Crossing is well-located less than two miles west of Interstate 35 and less than a mile from FM 156, allowing for convenient connectivity to the rest of Denton County and the DFW Metroplex.

The Asking Price is $1,650 per Front Foot. See pages 3 & 4 of the marketing flyer for pricing and formal term sheet.

Highlights

The community is located less than two miles west of Interstate 35, providing future residents with connectivity to major employment centers.
Finley Crossing is adjacent to Erickson Farms, a sold-out DR Horton community where homes sold up to approximately $493,000.
The Site is located within Krum ISD.
The Site will be zoned SF-6 with a Development Agreement, Planned Development, and Municipal Utility District (“MUD”), currently being finalized.
Phase 1 includes 187 available finished single-family lots.

Public Transportation

Commuter RailDriveWalkDistance
Downtown Denton Transit Center (A-train - Denton County Transportation Authority) 17 min - 9.3 mi
AirportDriveWalkDistance
Dallas-Fort Worth International 44 min - 34.8 mi
Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors
Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors