
$2,100,000
1251 N Houston School Road, Lancaster, TX, 75146
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About this property
Fully Approved 39-Lot Residential Development Opportunity in Lancaster, Texas Steel Hollows Addition is a fully approved, fully entitled, shovel-ready 39 lot single family subdivision.Spanning approximately 10.70 acres, 465,961 square feet, the project offers builders and developers a rare opportunity to acquire a ready-to-execute residential community in one of southern Dallas County’s growing development corridors. The approved development package includes planned internal streets, proposed 8-inch water and sewer infrastructure, detention pond, drainage easements, utility easements, HOA-maintained open space, common-area landscaping, entry monument design, cedar fencing, and stone columns. Positioned near N. Houston School Road and approximately 926 feet from Belt Line Road, the site offers strong regional connectivity with access to nearby residential neighborhoods, employment corridors, and major infrastructure. The property is also exceptionally close to Google’s new $600 million Red Oak data center, a major North Texas investment expected to support continued growth and long-term housing demand in the surrounding area. Google announced plans to invest more than $600 million in the Red Oak data center over multiple years. This offering is ideal for builders, developers, and investors seeking a fully entitled subdivision with major planning, civil, utility, drainage, and landscape components already planned.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lancaster
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