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    2929 Sagebrush Dr Lewisville, TX 75022

    For Sale
    $1,350,000

    5.39 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.39-acre residential lot in Lewisville, Texas (zip code 75022), presents a unique development opportunity. Located at 2929 Sagebrush Drive, Flower Mound, this mostly flat property boasts mature trees and wildlife, offering a tranquil setting while enjoying convenient access to FM 2499 and FM 1171. The property is zoned for Estate Residential (one home per acre), allowing for the construction of a single-family residence. Water and utilities are readily available. The asking price is $1,350,000. This land offers significant potential for various residential developments. Its location provides easy access to excellent Flower Mound Elementary Schools and the award-winning Flower Mound High School. Furthermore, the property's proximity to DFW International Airport (ten minutes away) and abundant shopping and restaurants adds to its appeal. The high home values in nearby gated communities and Toll Brothers subdivisions further underscore the investment potential. Note that two adjacent properties, totaling 9.59 acres, are also available for purchase separately

    Property Features for 2929 Sagebrush Dr

    General Information

    Property type
    Land
    Lot Size
    234,788 SF

    HighLights

    • Top‑rated Flower Mound schools, including Flower Mound High.
    • Convenient access to DFW International Airport (10‑minute drive).
    • High property values in surrounding gated communities and Toll Brothers developments.
    • 5.39‑acre lot with potential for expansion to 14 acres via adjacent properties.
    • Level land with readily available utilities.
    • Close proximity to ample shopping and dining options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -97.0741939
    Latitude
    33.0281916

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    FAQs

    What type of property is this?
    Land - 5.39 Acres, Prime Location
    Where is this land located?
    The property is located at 2929 Sagebrush Dr Lewisville, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Top-rated Flower Mound schools, including Flower Mound High.; Convenient access to DFW International Airport (10-minute drive).; High property values in surrounding gated communities and Toll Brothers developments.
    (214) 315-6753
    Request Owner's contact information
    2929 Sagebrush Dr Lewisville, TX 75022
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    Lewisville, TX 75022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2929 Sagebrush Dr Lewisville, TX 75022
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