00 Natchez Trce, Allen, TX 75013
Exceptional opportunity to acquire a nearly 1.5-acre residential lot in the thriving city of Allen, Texas. Priced at $999,995, this property presents a unique investment prospect for developers or discerning buyers seeking a substantial build site. Located at 00 Natchez Trace, 75013, the land boasts a prime location near shopping and other amenities. The lot's zoning allows for the construction of multiple single-family homes, ranging from 2,000 to 6,000 square feet, subject to city approval. While a previously approved preliminary plat has expired, the city of Allen is open to evaluating proposals for residential development on a case-by-case basis. This presents a chance to create a custom residential project in a desirable, no-HOA community. The land's value is $18.99 per square foot. The APN is R632500001101. Prospective buyers are strongly encouraged to independently verify all information, including school districts and lot dimensions, directly with the City of Allen. All information provided is deemed reliable but not guaranteed; neither the seller nor any associated parties make any warranties or representations as to its accuracy. This is a remarkable opportunity to build your dream home or develop multiple properties in a sought-after Allen location.
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.