About this property

Prime 14.9 Acre Multifamily Development Opportunity in Sulphur Springs, TX Unlock the potential of this exceptional 14.9 acre tract located within the city limits of Sulphur Springs. Zoned for multifamily use, the property allows for up to 27 units per acre, giving developers the ability to create more than 200 residential units. It is well suited for apartments, townhomes, or even a mixed use community and is positioned to support a wide range of development visions. A 12 inch city sewer line runs along the west side of the property, a 6 inch city water line is located across Main Street, and power is available at the frontage. The land offers a gentle slope, good drainage, and is mostly clear, with a corner in the floodplain. A flood study is currently in process. For builders considering alternative layouts, a concept plan showing 40 residential lots of about 6,000 square feet each is also available. Located just minutes from downtown Sulphur Springs and with quick access to I-30, this property combines a convenient location with strong long term investment potential in a growing community with rising housing demand.