




$394,000
724 E Hughes Street, Collinsville, TX, 76233
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About this property
Prime development opportunity in desirable Collinsville, TX! This shovel-ready property is fully approved for 5 residential lots with city approvals, full plans, and survey already completed. All the prep work is done—just bring your builder and start developing. Great location near schools, shopping, and the growing North Texas corridor. A rare, ready-to-build opportunity in a fantastic community!
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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: Collinsville
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These are Deal List properties graded A+, A.
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