1911 Oak Grv Pkwy Frisco, TX 75034
This exceptional 6.14-acre residential development opportunity is located at 1911 Oak Grove Parkway in Frisco, Texas (75034), Denton County, offering a prime location for townhome construction. Currently zoned E4 for low-density residential housing, this property boasts high visibility along Oak Grove Parkway, experiencing over 34,000 vehicles per day (VPD) in 2022. Preliminary plans for a multi-building townhome project are included, capitalizing on the strong residential demand in this rapidly growing area. The site is strategically positioned at a future signalized intersection on Oak Grove Parkway, providing excellent access to Interstate 35, US Highway 380, and the Lewisville Lake Toll Bridge. Its proximity to the thriving Frisco, Little Elm, and Corinth markets, coupled with its adjacency to The Shops at Lakefront (a mixed-use development featuring retail, restaurants, and more), makes this an unparalleled investment opportunity. Partial utilities are already in place, simplifying the development process. The property's location near the entrance to Little Elm/Frisco along the booming 380 corridor, surrounded by numerous retail, dining, and entertainment options, further enhances its appeal. This is a rare chance to develop in a high-growth area with strong residential demand and a desirable mix of nearby amenities, including Hula Hut, Hydrous Wake Park, and The Beach at Little Elm Park. The asking price is $4,011,876. The APN is 44034.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.