Current Use by Public Records
- Land
Property Details for 8265 Park Dr
- Lot size
- 38.11 lot acres
- Property type
- Land
Description
This exceptional 38.11-acre residential land parcel in Beaumont, Texas, presents a rare development opportunity. Located at 8265 Park N Dr, Jefferson County, zip code 77708 (30.1531309, -94.1696541), this high-elevation property boasts a significant advantage: it has never flooded. The land is zoned for residential use and requires no detention pond. A pre-existing agreement with Drainage District #6 allows for a small portion of the land to be deeded to them for ongoing lawn maintenance in the surrounding area. Preliminary infrastructure is already in place, including some installed water lines and storm sewers, remnants of a previous plan to develop a neighborhood. While streets were never constructed, this existing infrastructure significantly reduces development costs. The asking price is $575,000, representing a compelling value considering comparable smaller lots in the Park North area recently sold for $1 million. This property offers the unique potential to create a large family compound or to be subdivided and sold for individual lots, generating substantial profit. This is a truly exceptional opportunity for discerning investors and developers.
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
- Beaumont
- County
- Jefferson
- State
- Texas
- Longitude
- -94.1697
- Latitude
- 30.1531
