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    455 E & Mcreynolds Rd Sanger, TX 76266

    For Sale
    $8,950,000

    Prime Development Land: Sanger, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 179.65-acre property presents a unique investment opportunity in Sanger, Texas. Located at the intersection of FM 455 E and McReynolds Rd in Denton County, this expansive tract of land offers unparalleled potential for diverse development. Currently unzoned, this land provides flexibility for a wide range of projects, including residential subdivisions, commercial ventures, or a combination thereof. The asking price is $8,950,000, translating to a land value of $50,000 per acre. The property's strategic location in Sanger, TX, 76266, offers convenient access to major transportation routes and amenities. Given its size and versatility, this property is ideal for developers seeking a substantial land holding with significant upside potential. Note that an adjacent 53.905-acre parcel is also available for purchase, presenting an opportunity to acquire an even larger contiguous land holding. This is a rare chance to secure a substantial piece of land in a rapidly growing area of Texas. The property's agricultural, commercial, and residential subtypes allow for a wide variety of uses, making it an attractive investment for both short-term and long-term growth. Detailed surveys and environmental reports are available upon request.

    Property Features for 455 E & Mcreynolds Rd

    General Information

    Property type
    Farms
    Lot Size
    7,825,554 SF

    HighLights

    • 179.65‑acre tract in Sanger, TX, at FM 455 E & McReynolds Rd (Denton County).
    • Unzoned, allowing for residential, commercial, or mixed‑use development.
    • $8,950,000 asking price; $50,000 per acre.
    • Convenient access to major transportation routes and amenities.
    • Adjacent 53.905‑acre parcel also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sanger
    County
    Denton
    State
    Texas
    Longitude
    -97.110297
    Latitude
    33.35515

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    FAQs

    What type of property is this?
    Farm - Prime Development Land: Sanger, Texas
    Where is this farm located?
    The property is located at 455 E & Mcreynolds Rd Sanger, TX.
    What is the asking price?
    The asking price for this property is $8,950,000.
    What are key features of this property?
    This property features: 179.65-acre tract in Sanger, TX, at FM 455 E & McReynolds Rd (Denton County).; Unzoned, allowing for residential, commercial, or mixed-use development.; $8,950,000 asking price; $50,000 per acre.
    Request Owner's contact information
    455 E & Mcreynolds Rd Sanger, TX 76266
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    Sanger, TX 76266
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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
    455 E & Mcreynolds Rd Sanger, TX 76266
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