3025 Pleasant Grove Rd Texarkana, TX 75503

This exceptional 9.3-acre parcel of land presents a remarkable opportunity for multifamily or senior housing development in Texarkana, Texas. Located at 3025 Pleasant Grove Rd, 75503, this property boasts a convenient location just north of Interstate 30 and west of Pleasant Grove Road, along the completed Gibson Lane extension to Kings Highway. The permitted zoning is Single/Two-Family Development, making it perfectly suited for a variety of residential projects. The site's strategic position offers easy access to major transportation routes, enhancing its appeal to potential residents. Furthermore, the property benefits from its proximity to established amenities and infrastructure. It is neighbored by Encore Waggoner Creek, a thriving 168-unit market-rate apartment complex, and the Texarkana Independent School District's new Waggoner Creek Elementary School, providing a strong foundation for a successful development. The land is priced at $2.50 per square foot, representing a compelling investment opportunity in a rapidly growing area. The lot size is approximately 9.2 to 9.4 acres, offering ample space for a substantial residential development. This property is an excellent choice for developers seeking a prime location with strong potential for high returns.