Shovel-Ready Residential Development
For Sale
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5040 Wagon Wheel Rd, Joshua, TX 76058
144+ acre residential development, fully engineered and entitled for 94 lots.
Property SizeContact for details
Lot Size144.24 Acres
Days on Market1417
Property Features for 5040 Wagon Wheel Rd
General Information
Standard status
Active
Lot size
144.24 Acres
Property subtype
Land
Zoning
Residential
Listing Agency:
First Light Real Estate Advisors
(817) 313-3102
Listed By:
Hunter Berry · License #TX 0667039
Source:
Crexi
Added: Oct 13, 2022
Changed: Aug 8
Last Checked: Mar 25 at 4:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Light Real Estate Advisors
Investment Insights
Based on property information with market context.
This 144.244-acre residential development opportunity, known as Shady Valley, is located in Joshua, Texas, within the Joshua ISD. The property is fully entitled with an approved preliminary plat and zoning, and engineered for 94 one-acre minimum residential lots, suitable for a high-end acreage community. Final engineering and construction drawings are included, currently in the final round of City comments. The land features mature hardwoods, including large oaks, and a 3-acre stocked pond, providing a natural backdrop. Multiple lots offer water and tree views. Situated between Hwy 174 and the Chisholm Trail Parkway, Shady Valley provides access to Fort Worth and Cleburne. The development has direct frontage and access on County Road 1023.
Key Highlights
- Shovel‑ready development: Start building immediately with fully engineered plans and construction drawings included.
- Approved preliminary plat and zoning: Project is fully entitled for 94 one‑acre minimum residential lots.
- Premier acreage community: Located in Joshua, TX, within the highly regarded Joshua ISD, perfect for a high‑end development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 76058, TX
20,940
Population
7,851
Households
2.7
Avg Household Size
36
Median Age
20%
College-Educated
81%
High-School Grad
51.9 sq mi
ZIP Area
403
Density / Sq Mi
$66,719
Median Household Income
$39,277
Median Earnings
$1,347
Median Rent
$224,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 144+ acre residential development, fully engineered and entitled for 94 lots.
Where is this residential land & home lot located?
The property is located at 5040 Wagon Wheel Rd Joshua, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Shovel‑ready development: Start building immediately with fully engineered plans and construction drawings included.; Approved preliminary plat and zoning: Project is fully entitled for 94 one‑acre minimum residential lots.; Premier acreage community: Located in Joshua, TX, within the highly regarded Joshua ISD, perfect for a high‑end development.
