$889,000
755 Heritage Parkway, Allen, TX, 75002
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Looking to build an Estate Home in Allen ISD...Exciting commercial or residential build opportunity near Bethany Lake Park. Local businesses include a Retail shopping center situated off Bethany and Allen Heights, anchored by Kroger. Additional tenants include Chase Bank, McDonalds, Day Care Center, and various other retail. Convenience store and convenience center is situated on the southwest corner. Currently available is a 3 acre relatively level build site for residential or commercial use. Owner has a homestead on the East side of lot. Access and utility easements are in place and site is currently used for overflow storage as part of a not for profit service operation. Verify use options with city.
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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: Allen
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