Multifamily Development
For Sale
$8,328,067
1501-Lot 4 E Belt Line Road, Wilmer, TX 75172
CommercialSale, Wilmer, TX
Property SizeContact for details
Lot Size23.64 Acres
Days on Market244
Property Features for 1501-Lot 4 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
23.64 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
(214) 692-6400
Added: Feb 17
Changed: Sep 30
Last Checked: Oct 19 at 4:06PM
MLS# 20861570
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.
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Investment Insights
Based on property information with market context.
Lot 4 comprises 23.64 acres designated for a multifamily apartment development. The plan calls for 32 three-story buildings with 27 units per building, and the property is identified as under construction. Public water and public sewer service are available.
The site is located on E Belt Line Road in Wilmer, approximately 15 miles from downtown Dallas and near I-45. Nearby corporate users include Amazon, Unilever, Whirlpool, and Procter & Gamble. The property is part of a larger development offering, but this offering specifically reflects the 23.64-acre Lot 4 tract.
The site is located on E Belt Line Road in Wilmer, approximately 15 miles from downtown Dallas and near I-45. Nearby corporate users include Amazon, Unilever, Whirlpool, and Procter & Gamble. The property is part of a larger development offering, but this offering specifically reflects the 23.64-acre Lot 4 tract.
Key Highlights
- 23.64‑acre Lot 4 multifamily development site
- Planned configuration includes 32 three‑story buildings
- 27 units planned per building
Property Analytics
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Lease Details
Yes
Highway access
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Planned multifamily development site with public water and sewer service.
Where is this commercial land located?
The property is located at 1501-Lot 4 E Belt Line Road Wilmer, TX.
What is the asking price?
The asking price for this property is $8,328,067.
What are key features of this property?
This property features: 23.64‑acre Lot 4 multifamily development site; Planned configuration includes 32 three‑story buildings; 27 units planned per building
