101635 . Residential Bfr & Commercial DeSoto, TX 75115
- Land
- 8.29 lot acres
Current Use by Public Records
- Land
Property Details for 101635 . Residential Bfr & Commercial
- Lot size
- 8.29 lot acres
- Property type
- Land
Description
This exceptional 8.286-acre property in DeSoto, Texas, presents a unique investment opportunity. Recently rezoned for both commercial and residential use, this land offers flexible development options. The site boasts a prime location at the southwest corner of W Belt Line Rd and Elerson Rd, providing prominent frontage on a major thoroughfare. The residential portion is zoned SF-A, allowing for the construction of approximately 62 medium-density townhomes, with significant frontage on both Belt Line Rd and Elerson Rd. This presents a compelling opportunity for build-for-rent or for-sale townhome development, capitalizing on the strong residential demand in the area. A separate commercial parcel is also available. The property benefits from convenient access to major interstates (I-67 and I-35E), placing it within a short commute of the greater Dallas/Fort Worth job market and only 16 miles from downtown Dallas. DeSoto's robust school system and a thriving real estate market, characterized by strong home price appreciation, further enhance the investment potential. The property's location within a mixed-use development provides additional advantages, offering synergy and potential for increased value. This is a rare opportunity to acquire a large parcel of land with flexible zoning in a rapidly growing area. The site's strategic location and development potential make it an ideal investment for both residential and commercial developers. Detailed information on the available commercial corner is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- DeSoto
- County
- Dallas
- State
- Texas
- Longitude
- -96.8565
- Latitude
- 32.5989
