About this property

Back on the Market!! Buyer could not close. Great Opportunity to Build a Single Family Neighborhood of 25 Homes with 7,500 s.f. lots, or many more with the New Minimum Lot Size of 3,000 s.f. recently approved by the Texas Legislature! Sell the Lots to Builders, or do the whole development yourself. Currently Zoned R - 7.5 which allows for 7,500 s.f. Lots (60 x 125, or 50 x 150). Seller will consider splitting the property into two Tracts, and selling one 9 acres to build the homes for $500,000, and keep the 3 acre Tract where his personal home and work shop are located. Property will need to be replatted. We have cost and time estimates from an Engineering Company to walk you through the entire process with the City of Dallas for Approval and Infrastructure Development. Alternate Zoning might also be approved depending upon the current flexibility of the the City. Small Pond on the property already that might serve as a retention pond and or a neighborhood amenity feature. Other currently approved uses are a Church, Agriculture Crop Production, Public Park, or Playground. We have Estimated Development Costs to share with qualified Buyers.