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    290 E Forest Grove Rd Allen, TX 75002

    Under Contract
    For Sale
    $459,000

    Unimproved Land - Lucas, TX

    Type:Unimproved Land
    Lot size:
    3.00 Acres
    Days on Market:
    1508
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 290 E Forest Grove Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    R602800317701
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    3.00 Acres

    Building Details

    Year built
    1991
    Architectural style
    Other

    WILLIAM DAVIS REALTY (972) 732-6002 [email protected]

    Listing agent Debbie Castleberry (972) 732-6002

    Listing date Oct 24, 2021

    MLS# 14437591 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

    Land with Mature Trees, Pond

    This 3-acre property in Lucas, TX, presents a homesite featuring large, mature trees and flower garden areas. It includes an engineered pond and two barns with electricity, one of which is air-conditioned. A rainwater catch tank and fenced garden area are present. The property is located close to shopping, schools, and dining.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Spa & Massage Wholesale Shop Hair Salon Clothing Store Department Store Storage Facility Bar & Pub Garden Center Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.572572
    Latitude
    33.122939

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    FAQs

    What type of property is this?
    Agricultural land - 3-acre homesite with mature trees, pond, and barns in Lucas, TX.
    Where is this agricultural land located?
    The property is located at 290 E Forest Grove Rd Allen, TX.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Convenient location: Minutes from shopping, schools, and dining.; - Two barns with electricity, one with AC.; - Large, mature trees and flower garden areas.
    (972) 732-6002
    Request Owner's contact information
    290 E Forest Grove Rd Allen, TX 75002
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    Allen, TX 75002
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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
    290 E Forest Grove Rd Allen, TX 75002
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