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    000 Hwy S, Unit 78 Farmersville, TX 75442

    For Sale
    $15,110,000

    Unimproved Land - Farmersville, TX

    Type:Unimproved Land
    Lot size:
    24.78 Acres
    Days on Market:
    224
    Last Refresh:
    Dec 11 at 12:06 am

    Property Features for 000 Hwy S

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R673900214401
    Exterior features
    Private Entrance, Fence
    Fencing
    Fenced
    Lot size
    24.78 Acres

    Building Details

    Architectural style
    Other

    Lori Hendricks, Principal Broker (214) 808-5674

    Listing agent Lori Hendricks (214) 808-5674 License #0507742

    Listing date May 2, 2025

    MLS# 20923612 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land with Retail Potential

    This 24.777-acre parcel of land offers significant retail potential. Situated at the southwest corner of South Highway 78 and Lake Haven Boulevard, the property is located near Lake Haven, a master-planned community spanning over 450 acres with approximately 1,838 lots, including a fire station and an elementary school site. The increasing residential development along Highway 78 in this area of Collin County positions this property as a premium spot for retail development. Located within the extraterritorial jurisdiction (ETJ) of Farmersville, the land is currently in agricultural use. It features four entrances off Lake Haven Boulevard with median cuts. Three sides of the property are enclosed by 5-rail steel post fencing and stone columns, and all entrances have gates with tall headers. The land is relatively flat with a few trees along the fence lines. Water and gas utilities are available at the street. The seller is open to subdividing the property. A new survey will be required as the seller does not have a current one.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Farmersville
    County
    Collin
    State
    Texas
    Longitude
    -96.370261
    Latitude
    33.164005

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    FAQs

    What type of property is this?
    Land - Unimproved land parcel with retail potential in growing Collin County.
    Where is this land located?
    The property is located at 000 Hwy S, Unit 78 Farmersville, TX.
    What is the asking price?
    The asking price for this property is $15,110,000.
    What are key features of this property?
    This property features: - Prime location at the SW corner of S.HWY 78 and Lake Haven Blvd, ideal for retail development.; - Located near the Lake Haven master-planned community with over 1800 lots, a fire station, and an elementary school site.; - High retail potential due to increasing residential development along HWY 78 in Collin County.
    (214) 808-5674
    Request Owner's contact information
    000 Hwy S, Unit 78 Farmersville, TX 75442
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    Farmersville, TX 75442
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Hwy S, Unit 78 Farmersville, TX 75442
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