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Land in Lovejoy ISD
For Sale
$1,997,500

492 W Forest Grove Road, Lucas, TX 75002

Land, Lucas, TX

Property SizeContact for details
Lot Size5.72 Acres
Days on Market89

Property Features for 492 W Forest Grove Road

General Information

Property type Land
Property subtype Other
Zoning description Current use is commercial radio tower which will be removed. Per city zoning map site is zoned agriculture.
Vegetation Brush, Grassed
Subdivision A0028
Lot features Acreage, Agricultural, Back Yard, Cleared, Interior Lot, Irregular Lot, Lawn, Level, Few Trees, City Lot
Elementary school Lovejoy
Middle school Willow Springs
High school Lovejoy
Elementary school district Lovejoy ISD
Middle school district Lovejoy ISD
High school district Lovejoy ISD
Directions At Stacy Road at Hwy 75, travel East to Country Club Rd aka FM 1378 & turn right. Turn left onto Forrest Grove Road & follow it for about miles... Property will be on your left. See aerial for bearings. For reference, use 408 W Forrest Grove Road which is the home situated adjacent to the property.
Standard status Active
APN R602800316601
Lot size 5.72 Acres

Taxes and HOA fees

Tax Description ABS A0028 CALVIN BOLES SURVEY, SHEET 3, TRACT
Tax Annual Amount 6944
Legal Description ABS A0028 CALVIN BOLES SURVEY, SHEET 3, TRACT

Utilities

Water source Public
Listing Agency: Delahn Realty
Listed By: Melanie Brigante · License #0537286
Added: May 29 Changed: Aug 19 Last Checked: Aug 25 at 9:06PM
MLS# 21128798

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 5.722-acre property is located in Lucas, Texas, within the Lovejoy Independent School District. Zoned R1.5 by the City of Lucas, the property has the potential for up to 3 lots. It is an ideal site for building an estate. The location provides convenient access to Lake Lavon, area schools, upscale dining, and local shopping. Highway 75 is easily accessible, allowing for convenient access to employment centers while maintaining a secluded property. Mature trees line the creek along the western property line. There is no Home Owners Association and no deadline for beginning construction. The property is currently home to a radio tower and related equipment, which will be removed. Horses are allowed on this property, and subdivision may be possible with approval from the City of Lucas.

Key Highlights

  • Lovejoy ISD: Located within the highly desirable Lovejoy Independent School District.
  • Potential for Subdivision: Zoned R1.5 with potential for up to 3 lots, offering subdivision possibilities with City of Lucas approval.
  • Enjoy freedom and flexibility with no Homeowners Association restrictions.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 75002, TX

69,939
Population
24,174
Households
2.9
Avg Household Size
38
Median Age
52%
College-Educated
95%
High-School Grad
37.6 sq mi
ZIP Area
1,860
Density / Sq Mi
$129,306
Median Household Income
$61,171
Median Earnings
$1,967
Median Rent
$403,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 5.722 acres in Lucas, TX, Lovejoy ISD.
Where is this land located?
The property is located at 492 W Forest Grove Road Lucas, TX.
What is the asking price?
The asking price for this property is $1,997,500.
What are key features of this property?
This property features: Lovejoy ISD: Located within the highly desirable Lovejoy Independent School District.; Potential for Subdivision: Zoned R1.5 with potential for up to 3 lots, offering subdivision possibilities with City of Lucas approval.; Enjoy freedom and flexibility with no Homeowners Association restrictions.
More about this property
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