Planned Single-Family Development
For Sale
$4,803,796
1501-Lot 5 E Belt Line Road, Wilmer, TX 75172
CommercialSale, Wilmer, TX
Property SizeContact for details
Lot Size18.38 Acres
Days on Market194
Property Features for 1501-Lot 5 E Belt Line Road
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
Mixed Use Planned Development
Subdivision
Charles A Warfield Surv Abs #1
Lot features
Acreage, Cleared, Level
Directions
google maps is accurate to 1501 E Belt Line Road, Wilmer, Texas 75172
Standard status
Active
APN
65161206510160000
Lot size
18.38 Acres
Taxes and HOA fees
Tax Description
C A WARFIELD ABST 1612 PG 065 TR 16 ACS 69.38
Tax Annual Amount
69322
Legal Description
C A WARFIELD ABST 1612 PG 065 TR 16 ACS 69.38
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
The Michael Group Real Estate
(817) 577-9000
Listed By:
Charles Horton · License #0546099
(214) 692-6400
Added: Feb 17
Changed: Aug 23
Last Checked: Aug 30 at 2:06PM
MLS# 20861573
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 offering is Lot 5 within a larger mixed-use development footprint, featuring PD single-family homes. The plan includes 28 homes on 1/2-acre lots across 18.38 acres, providing an established development direction for residential buildout.
The development is located close to I-45, offering easy access to major highways and city utilities. It is also described as being approximately 15 miles from downtown Dallas. In addition to the Lot 5 residential component, the broader project contemplates divisible lots ranging from 3 to 23 acres, supporting a range of development concepts, including hotel, townhomes, single-family homes, multi-family housing, warehouse flex space, retail, and office space.
For buyers and developers, this is a practical fit for a group seeking a ready-to-execute planned residential component within a multi-use environment. The listing also notes eligible potential city tax incentives and identifies additional available options within the same development framework, including a 23,400 square foot hotel and 141,847 square feet of office warehouse space.
The development is located close to I-45, offering easy access to major highways and city utilities. It is also described as being approximately 15 miles from downtown Dallas. In addition to the Lot 5 residential component, the broader project contemplates divisible lots ranging from 3 to 23 acres, supporting a range of development concepts, including hotel, townhomes, single-family homes, multi-family housing, warehouse flex space, retail, and office space.
For buyers and developers, this is a practical fit for a group seeking a ready-to-execute planned residential component within a multi-use environment. The listing also notes eligible potential city tax incentives and identifies additional available options within the same development framework, including a 23,400 square foot hotel and 141,847 square feet of office warehouse space.
Key Highlights
- 69‑acre mixed‑use development under construction near I‑45, with divisible lots from 3 to 23 acres
- Public water and public sewer available for the development
- Lot 5: PD single‑family homes featuring 28 homes on 1/2‑acre lots on 18.38 acres
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 75172, TX
5,519
Population
2,075
Households
2.7
Avg Household Size
30
Median Age
10%
College-Educated
66%
High-School Grad
11.3 sq mi
ZIP Area
488
Density / Sq Mi
$58,894
Median Household Income
$35,712
Median Earnings
$1,349
Median Rent
$104,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 18-acre lot with PD entitlement for 28 single-family homes, with utilities and near I-45 access.
Where is this commercial land located?
The property is located at 1501-Lot 5 E Belt Line Road Wilmer, TX.
What is the asking price?
The asking price for this property is $4,803,796.
What are key features of this property?
This property features: 69‑acre mixed‑use development under construction near I‑45, with divisible lots from 3 to 23 acres; Public water and public sewer available for the development; Lot 5: PD single‑family homes featuring 28 homes on 1/2‑acre lots on 18.38 acres
