565 Audra Cir, Unit FM 2264 Rhome, TX 76078

This 243-acre property is suitable for residential development or agricultural use. It offers versatile potential for development or private ranch use. The land is zoned to allow lot sizes from 0.51 to 5 acres, making it ideal for creating custom homes, estates, or a ranch retreat. The property presents an investment opportunity in a high-growth area within the Northwest Independent School District (ISD). The surrounding region is experiencing a surge in development, including a transformative $300 million mixed-use project to the east, mirroring the upscale appeal of Southlake Town Square, featuring retail shopping, dining establishments, City Hall, a fire station, outdoor parks, trails, single-family residential (SFR), and luxury multifamily housing. Located 5 minutes from Highway 287, the site offers connectivity to I-35, the Alliance Corridor, and downtown Fort Worth. The Alliance Corridor is a booming employment hub. The City of New Fairview is discussing plans to extend water infrastructure to the site, while current regulations permit individual septic systems for lots over half an acre, reducing development costs. A 6.7-acre tract within the Highland Meadows subdivision at the property’s southeast corner (565 Audra) may eliminate the need for a secondary entry road at FM 2264. Homes in the area range from $300,000 to $650,000. The property has rolling terrain and mature trees. It is an excellent opportunity for developers or individuals seeking a private, multi-use property. It is located in Rhome, TX.