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    Tbd Cr-247 Rd Allen, TX 75002

    Sponsored
    For Sale
    $7,850,000

    Unimproved Land - Allen, TX

    Type:Unimproved Land
    Lot size:
    29.00 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 7 at 4:06 am

    Property Features for Tbd Cr-247 Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R685000001701
    Lot size
    29.00 Acres

    Building Details

    Architectural style
    Other

    BRG & Associates (972) 442-7508 [email protected]

    Listing agent Tom Cline (972) 442-7508 License #0610484

    Listing date Dec 29, 2025

    MLS# 21138024 Listing URL

    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.

    Overview

    Unincorporated Land in Allen, TX

    This is a 29-acre unincorporated property situated in the southeast quadrant of Parker Road and N. Murphy Road. The west property line, measuring 1,976 feet, borders the proposed 241-acre Southfork Ranch development by Centurion American Development Group in Parker. The property consists of three Tax Parcel ID numbers, with the 21-acre and 7-acre parcels currently holding agricultural exemptions. It features 630 feet of frontage on McWhirter Road, directly across from an established home development with multi-million-dollar homes on the north property line. This property is a prime development opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.594625
    Latitude
    33.040619

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    FAQs

    What type of property is this?
    Land - 29-acre property near proposed development in Parker, Texas.
    Where is this land located?
    The property is located at Tbd Cr-247 Rd Allen, TX.
    What is the asking price?
    The asking price for this property is $7,850,000.
    What are key features of this property?
    This property features: - Prime 29-acre property in a desirable location on southeast quadrant of Parker Road and N. Murphy Road.; - Bordered by the proposed 241-acre Southfork Ranch development.; - Development opportunity for investors and developers.
    (972) 442-7508
    Request Owner's contact information
    Tbd Cr-247 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

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    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
    Tbd Cr-247 Rd Allen, TX 75002
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