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Property profile

2387 St Paul Rd Wylie, TX 75098

OFF-MARKET
Marinas
1.9 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: ±1.9 acres of land in Wylie, Texas, priced at $700,000. This property boasts a desirable location near Lake Lavon, offering convenient access to recreational activities. The land is zoned ETJ (Extraterritorial Jurisdiction) and presents versatile development potential. Currently improved with a paved concrete entrance and approximately 1.6 acres of fenced land with a gate, this site is ideal for various uses. Consider it for boat and RV storage, self-storage facilities, or residential redevelopment. The lot size is approximately 1.9 acres, translating to a land value of $8.46 per square foot. The property's address is 2387 St Paul Rd, Wylie, TX 75098, situated in Collin County. This unique offering combines prime location, existing infrastructure, and flexible zoning for a compelling investment prospect. The property's proximity to Lake Lavon adds significant recreational value, while the ETJ zoning allows for a range of development options. The existing paved concrete driveway and fencing enhance the property's immediate usability and appeal. Don't miss this chance to acquire a versatile and well-situated land parcel in a thriving Texas community.

Property profile

Verified
Property type Marinas
Lot 1.9 ac (82,764 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2387 St Paul Rd Wylie, TX 75098
Wylie metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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