0 Lakeside Dr Kaufman, TX 75142
This exceptional 34.53-acre tract in Kaufman, Texas, presents a unique opportunity for developers. Located just 35 miles southeast of downtown Dallas, with convenient access via Highway 175, this property boasts an approved Planned Development (PD) zoning, PD-22, encompassing 134 single-family lots. The lots are primarily 50' x 120' and 60' x 130', with the possibility of rezoning to accommodate smaller lot sizes, pending city approval. Infrastructure, including sanitary sewer and water, is already in place thanks to the completed Five Points Drive spine road. The site's strategic location is further enhanced by its proximity to major retailers like Walmart and Starbucks, and its close proximity to Kaufman High School and O.P. Norman Junior High School. Kaufman's robust growth, with a 16.2% population increase since 2020, and a median home price increase of 42.8% year-over-year (as of November 2023), underscores the significant potential for this development. The APN is 54860. The asking price is $2,814,000. Purchasers are responsible for verifying zoning and permitted uses.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.