Us 377, Cresson, Texas

MLS ID: 20389118

Status: Active

Price: $10,295,000

Acres: 355±

Type: Unimproved, Land

Address: Us 377

City, State: Cresson, TX

County: Hood County

ZIP Code: 76035

Lat/Long: 32.564105, -97.605692

Parcel Number: Several

Description

Putteet Hill is a 626 acre subdivision that completed Phase 1 in 2022. Of the 97 - 2+ acre lots in Phase 1, 60% of them have already been sold. This gated community boasts concrete streets and underground utilities, providing a high-quality living environment. The average home price in the subdivision exceeds $1 million. Phase 2 is 355+ acres of land that can be developed residentially and commercially. The property has 3,890 feet more or less of frontage on Highway 377, making it an ideal location for various commercial ventures such as shopping centers, professional office spaces and schools. A Preliminary Plat for 2-acre home sites on the remaining 355 acres has been completed. Alternatively, a public water system is possible, which would provide additional density. Putteet Hill is poised to take advantage of the current growth of the Dallas-Fr Worth metroplex with the entrance to the Cresson bypass only 2 miles away.

Directions: From the Kroger at US 377 Hwy and Acton drive northeast 5 miles. The property is on the southeast side of US Hwy 377.

Additional Information

Exterior

Fencing: Barbed Wire, Gate

Lot Features: Acreage, Agricultural, Interior Lot, City Lot

Lot Size Area: 355

Lot Size Source: Owner

Lot Size Square Feet: 15,463,800

Pasture Area: 355

Road Frontage Type: City Street, Highway, All Weather Road

Road Surface Type: Concrete, Gravel

Financial/HOA/Schools

Elementary School: Acton

Elementary School District: Granbury ISD

Middle School: Acton

Middle School District: Granbury ISD

High School: Granbury

High School District: Granbury ISD

Zoning Description: Rural Residential City of Cresson

Extra Information

Documents Available: Survey, Topographical Survey

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20389118

Maps

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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 October 30, 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: October 30, 2024 at 12:00:00 AM UTC

Listed By: John Mercer