Property profile

85 Prairie Dr Jarrell, TX 76537

FOR SALE
Residential land & home lots
Property ID
US83-0875954
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Property summary

AI-generated overview

Property Description 15 acres located in Jarrell Texas, one of the fastest growth cities in the USA. Seller has worked on a site development but not completed it. Proposed layout includes over 50 proposed lots with some designed for single family and multifamily homes, so developer can have potentially over 100 units. Seller has engineering work for the streets based on the current design, as well as engineer work with one of the utility providers due to their easement. Utilities: Available. Flat land with no improvements and no trees, giving a developer a clean slate to work with. Land is elevated higher than surrounding area. No flood plain. SF-2 Zoning: This zoning allows for triplexes, duplexes, single family homes and more with smaller lots. It’s the most versatile zoning in residential. Seller has had several planning meetings with the city; Development plan is still open, giving buyer flexibility in future desired development. Location Description Approximately 3 minutes from Interstate Highway 35 and close to downtown and the main Jarrell grocery and restaurants.

Property profile

Verified
Property type Residential land & home lots
UPID US83-0875954

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

85 Prairie Dr Jarrell, TX 76537
Jarrell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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