Planned Single-Family Development
1501-Lot 5 E Belt Line Road Wilmer, TX 75172
1501-Lot 5 E Belt Line Road, Wilmer, TX, 75172
$4,803,796
For Sale
$4,803,796
LAND - Wilmer, TX
Lot Size18.38 Acres
Days on Market151
Property Features for 1501-Lot 5 E Belt Line Road
General Information
- Property type
- Land
- Property subtype
- Other
- Property condition
- Under Construction
- 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
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency
The Michael Group Real Estate
(817) 577-9000
Dallas, TX
Listed by
Charles Horton · License #0546099
(214) 692-6400
Added: Feb 17 Checked: Jul 18 at 3:06 am
MLS# 20861573
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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
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 18-acre lot with PD entitlement for 28 single-family homes, with utilities and near I-45 access.
Where is this flex space 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