Tbd Hilltop Springtown, TX 76082
- Commercial real estate
- 1.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Tbd Hilltop
- Lot size
- 1.23 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.23-acre vacant lot presents a remarkable opportunity for developers seeking to build a multifamily project in the burgeoning Springtown, TX area. Located at TBD HILLTOP, this property is ideally positioned for immediate development, offering significant potential for substantial returns. The land is already zoned for multifamily use, eliminating the need for lengthy and potentially costly rezoning processes. This significantly streamlines the development timeline and reduces upfront expenses, allowing for a quicker path to profitability. The property's convenient location provides easy access to essential city services, including water, sewer, and electricity, further simplifying the construction process. The expansive size of the lot allows for considerable flexibility in design and development, accommodating a variety of multifamily housing options, such as duplexes, townhomes, or other multi-unit residential buildings. This presents a unique chance to capitalize on the growing demand for housing in this thriving community. The asking price of $419,000 reflects the exceptional value and potential of this prime development site. Serious inquiries are encouraged to explore this lucrative investment opportunity. All interested parties should conduct their own due diligence to verify zoning and utility information.
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
- Springtown
- County
- Parker
- State
- Texas
- Longitude
- -97.7694
- Latitude
- 32.9867