
$634,280
NAL Estimated Property Value2423 Picadilly Blvd, Mesquite, TX, 75149
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About this property
Prime Development Opportunity. Nearly 4 Acres, Regular-Shaped Lot, 12 Miles from Downtown Dallas. Unlock the full potential of this rare, nearly 4-acre property located in a rapidly growing area of Mesquite. Just 12 miles from Downtown Dallas, quick access to I-635, Hwy 80, top-rated schools, shopping, & restaurants. The property consist of 4 individual lots (LT. 158, 159, 160, 161) a major advantage for developers seeking flexibility & exit strategies. Unlike many recently sold properties in the area with irregular lot shapes, this regular-shaped parcel allows for more efficient planning, optimal buildability, & streamlined construction. Surrounded by recent new construction, this location is primed for residential develop. Preliminary assessments suggest the potential to build at least 18 new homes, making it a standout investment in a high-demand market. Buyers are encouraged to consult with the City of Mesquite’s Planning Dept to explore development or rezoning possibilities.
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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: Mesquite
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