Current Use by Public Records
- Land
Property Details for 0 Tx-34
- Lot size
- 11.06 lot acres
- Property type
- Land
Description
This exceptional 11.06-acre tract in Kaufman, Texas, presents a remarkable investment opportunity. Strategically located at the intersection of SH 34 and CR 151, this property enjoys high visibility and easy access, serving as a gateway to the burgeoning Kings Fort Market Center. The site is part of a larger 300-acre mixed-use master-planned community, experiencing significant growth. Recent sales within the development include a 4.18-acre parcel to Myrish Hospitality Group for a Hampton Inn and Holiday Inn Express – the first hotel development in Kings Fort – and a 10-acre site for a 240-unit multifamily complex, the first of three planned. The surrounding area boasts established residential development, with Bloomfield Homes, a top-40 US homebuilder, completing Phase 3 & 4 of Georgetown at Kings Fort in June 2023, encompassing 166 lots. This property is zoned PD-MF2, making it ideally suited for multifamily development, capitalizing on the high demand and limited supply in this rapidly expanding market. The asking price is $3,373,370. This is a rare chance to acquire a significant parcel in a thriving community poised for continued growth. The property's location and zoning provide exceptional potential for substantial returns.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kaufman
- County
- Kaufman
- State
- Texas
- Longitude
- -96.3018
- Latitude
- 32.5604
