Tbd Lucas Rd, Lucas, TX 75002

$5,800,000

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List Price
$5,800,000
Price Change
▲ $500,000 1762422578
MLS#
21103668
Status
ACTIVE
Type
Land
Subtype
Land
Acres
22.68
County
Collin
City
Lucas
Subdivision
James Lovelady Surv Abs #538

Property Description

EXCEPTIONAL DEVELOPMENT OPPORTUNITY: 22.68 ACRES IN CENTRAL LUCAS! Outstanding opportunity to acquire not just land, but a prepared residential development opportunity in one of Lucas's most desirable locations, served by top-rated schools. The seller has already invested significant time and capital by engaging an experienced engineering and development team to advance the project. Extensive due diligence, planning, engineering, and development documents have been completed and are included in the development package, allowing a buyer to significantly reduce entitlement risk, save valuable time, and accelerate the development process. The property is currently zoned R-2 and is well suited for residential or community development. Featuring dual access from Lucas Road and Stinson Road, this prime site offers excellent accessibility, outstanding visibility, and close proximity to highly rated schools and surrounding residential communities. This is a rare opportunity to acquire a development-ready project with substantial pre-development work already completed.

Additional Information

Unexempt Taxes
$69
Lot Size
987,897
Acres
22.68
Lot Description
City Lot
School District
Lovejoy Isd
Elementary School
Hart
Middle School
Willow Springs
High School
Lovejoy
Possession
CloseOfEscrow
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Ying Xu from RE/MAX Dallas Suburbs. Contact: 214-384-5238