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Entitled 55+ Community Development Land
For Sale
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Pending

520 N Oakridge Dr, Hudson Oaks, TX 76087

Entitled residential land in Hudson Oaks, Texas, approved for a 55-unit 55+ independent living community.

Property SizeContact for details
Lot Size5.65 Acres
Days on Market123

Property Features for 520 N Oakridge Dr

General Information

Standard status Pending
Lot size 5.65 Acres
Property subtype Land

Additional Details

Multifamily Units 55
Listing Agency: The Multifamily Group
Listed By: Will Clarke · License #TX 688511
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Apr 24 at 6:04PM

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 The Multifamily Group

Investment Insights

Based on property information with market context.

This for-sale land parcel in Hudson Oaks, Texas, is approved with entitlements for a 55+ independent living community featuring 55 two-bedroom, two-bath units. The development contemplates approximately 1,000 square feet of living space per unit, with floor plan customization allowed within a 100-square-foot margin. The concept includes single-car direct-access garages, in-unit washers and dryers, and a communal 5,000-square-foot clubhouse with a pool.

The property is located at 520 N Oakridge Dr in Parker County. Buyers should review the registration requirements and regulations referenced in the offering materials and coordinate directly for applicable transaction details.

If you’re looking for a site with an established residential development entitlement, this parcel is positioned as a planned 55-unit project rather than raw land without approvals.

Key Highlights

  • 5.648‑acre residential land parcel in Hudson Oaks, TX, with entitlements for a 55+ independent living community.
  • Approved for 55 two‑bedroom, two‑bath units.
  • Each unit is planned to include 1,000 SF of living space, with customizable floor plans within a 100 SF margin allowed by the city.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Garden Center Plumbing Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

55
Residential units

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 76087, TX

33,346
Population
13,290
Households
2.5
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
185.5 sq mi
ZIP Area
180
Density / Sq Mi
$108,499
Median Household Income
$59,622
Median Earnings
$1,775
Median Rent
$352,000
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Entitled residential land in Hudson Oaks, Texas, approved for a 55-unit 55+ independent living community.
Where is this residential land & home lot located?
The property is located at 520 N Oakridge Dr Hudson Oaks, TX.
What are key features of this property?
This property features: 5.648‑acre residential land parcel in Hudson Oaks, TX, with entitlements for a 55+ independent living community.; Approved for 55 two‑bedroom, two‑bath units.; Each unit is planned to include 1,000 SF of living space, with customizable floor plans within a 100 SF margin allowed by the city.
More about this property
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