$995,000
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12.5 Acres Lot
SOLD DATE : 07/21/2023
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision G W Daniel
MLS Listing ID 20256711
Sold Date 07/21/23
HOA Y/N None
Annual Tax Amount $604
Lot Size 12.500 Acres
Acres 12.5
Property Description
Attention Developers and Builders 12.5 Apprx Acres that are Prime for Residential Development. The tract is surrounded by 1 acre tracts and preliminary discussions indicate that this tract could be subdivided into 1 acre lots RE1. The McDaniel acreage tract has 2 entrance and exits in and out of the acreage. One is located thru McDaniel and the other is located at the end of Lonesome Dove, located 1 street to the South. See DCAD Map Presently there are several small acreage developments in Oak Point and Little Elm area with a considerable amount of commerciial activity as well. This area is rapidly turning over and small acreage develpoments like this one is extremely rare.
Owner will Finance with $250,000 Down 7% Interest only 3 yr call
No Survey. Buyer to provide their own
Current Zoning is Ag
Regulations for Developement for the City of Oak Point : www.oakpointtexas.com select Government select Departments select Planning and Engineering
Location
State TX
County Denton
Zoning Agriculture
Direction From I-35 E turn east on Swisher Swisher turns into Eldorado Pkwy. Turn Left on Dickson Right on Hill Rd turn left onto McDaniel. Drive to end of street The McDaniel Tract is at the dead end where you will see my sign. Close gate and do not spook the horses. Bring your boots. It is Ag property
Exterior
Utilities Available No City Services, None
Street Surface Dirt,Gravel
Garage No
Building
Lot Description Acreage, Agricultural, Interior Lot
Schools
Elementary Schools Oak Point
Middle Schools Jerry Walker
High Schools Little Elm
School District Little Elm Isd
Others
Restrictions None
Ownership Wallace
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Chris Bentley • Bentley Fine Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "