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$3,100,000

000 N stemmons Freeway, Lewisville, TX, 75077

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Baths0 Bath
Unimproved LandUnimproved Land

About this property

PRIME DEVELOPMENT SITE AT THE SOUTHWEST QUADRANT OF I-35 AND McGee LANE with daily traffic exceeding 100,000. This highly visible property offers excellent accessibility and exposure, making it an ideal candidate for future growth and investment opportunities. Its proximity to major transportation routes enhances its appeal for both residents and businesses. The property is zoned as LI, and the City has expressed a preference for multi-family development on this site. It is situated within the Northern Gateway District. Additionally, the site benefits from nearby amenities such as retail centers, dining options, and recreational facilities, which further contribute to its attractiveness for prospective residents and developers. The combination of strategic location and supportive city planning creates a compelling environment for a successful multi-family project. Landmark location to enter the City of Lewisville from the north. The area also enjoys well-established utility infrastructure and convenient access to public transportation, which can help streamline the development process for investors. Recent enhancements to local roadways and pedestrian pathways further improve connectivity within the district, fostering a vibrant and accessible community environment.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,600 /month
Positive
Cash Flow Estimate:
$6,200 /month

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Tim Lee

Fortune Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lewisville

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000 N stemmons Freeway | Property Details | No Agent List