7237 Parker, Lucas, Texas

MLS ID: 20575949

Status: Active

Price: $6,375,000

Acres: 25.11±

Type: Unimproved, Land

Address: 7237 Parker

City, State: Lucas, TX

County: Collin County

ZIP Code: 75002

Lat/Long: 33.056968, -96.594306

Parcel Number: R690100000501

Description

This extensive property package offers a compelling investment opportunity, featuring four parcels totaling 25 acres, each brimming with potential. Zoned SF-1 for one-acre lots, the land comprises seventeen (17) one-acre lots and two (2) 2+ acre lots, complete with city entitlements and approved site plans, positioning it as a premier investment opportunity. With its level topography and remarkable visibility, boasting approximately 600 feet of frontage along Parker Road, and supplemented by existing water and electrical services, the property provides an ideal canvas for development endeavors. In Lucas, where the median home price stands at $1.1 million as of April 2024, and properties are listed up to $5.3 million, the residential market flourishes, offering ample room for exploration. Delve deeper into this exceptional property through our video available on Crexi and LoopNet.

Directions: Use GPS - property is located at the intersection of E. Parker Road and MCcreary Road in Lucas.

Additional Information

Exterior

Lot Features: Acreage, Back Yard, Lawn, Pasture

Lot Size Area: 25

Lot Size Square Feet: 1,093,792

Road Frontage Type: City Street, Easement

Road Surface Type: Concrete

Water Source: Public, Well

Financial/HOA/Schools

Elementary School: Hunt

Elementary School District: Plano ISD

Middle School: Murphy

Middle School District: Plano ISD

High School: Mcmillen

High School District: Plano ISD

Zoning Description: Residential

Extra Information

Documents Available: Plat, Survey

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20575949

Maps

Get Directions

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of July 27, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 27, 2024 at 12:00:00 AM UTC

Listed By: Alex Acuna of Keller Williams Central