10616 County Road 506, Venus, Texas

Description

The Mansfield-Venus-Midlothian submarket has been transformed over the past two years by industrial, residential, and retail developers and the momentum shows no signs of slowing. This property is in the path of growth coming from the developments to the east along 67 and 287. Now is a good time to enter into this submarket while property values continue to rise, though land still remains significantly more affordable than property most all other areas of North Texas. Roughly 22 miles from the CBDs of Fort Worth and Dallas, and also the DFWIA, this 144 acres in Venus ETJ is a hidden gem within the Metroplex. The property has electricity and water, the City of Venus is in the engineering stages of installing a large sewer line along US 67 which will be .5 miles from this property. This 144 acres was one of two parcels totaling 263 AC, the 118 acre parcel sold. This 144 is available along with 62 acres to the east of it, totaling 206 acres.

Directions: From US 67, head north on 615 for roughly 1 mile. CR 615 will curve east (right) then back left (north) just before CR 506. Turn right on CR 506 and the subject 144 acres will be along the left hand side of the CR for the next .9 miles.