
$102,000
NAL Estimated Property Value4301 Fm 720, Little Elm, TX, 76227
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About this property
High visibility acreage along newly constructed 6 lane divided highway, FM 720. Property has been in family for generations, but never for sale at this price! Approx. 831 feet of prime FM 720 frontage offers unparalleled opportunity for mixed use development. Less than half a mile south of bustling 380. Currently ag exempt with proposed SFR zoning. Mustang water, sewer available off-site. Newly added median break in front of property for ease of access. Acreage is cradled by one of largest remaining tracts on 380, Spiritas West, an up and coming SFR development. Prairie Oaks subdivision to the south with 833 lots underway and Cross Oak Ranch subdivision nearby to the west. No flood with level topography.
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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: Little Elm
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