Current Use by Public Records
- Land
Property Details for 423 Hwy 5 & County Rd
- Property type
- Land
Description
This exceptional 57.5-acre tract presents a remarkable investment opportunity in Anna, Texas. Strategically located on Highway 5 (S. Powell Parkway) and County Road 423, just north of East Foster Crossing, this property benefits from its position within a high-growth, prime development area adjacent to the Anna Town Square Master Planned Community. The land boasts significant frontage on Highway 5, experiencing high daily traffic volumes of 11,915 vehicles north of Cunningham and 17,045 vehicles on nearby FM 455. Zoned SF-E Single-Family Residential - Large Lot, this parcel is ideal for large-lot residential development. Existing infrastructure includes an 8-inch water line on the east side of Highway 5, north of the property, with the city actively extending a 12-inch line along the west side, bordering the eastern edge of the land. A 12-inch sewer line is also conveniently located on-site. This combination of prime location, substantial acreage, favorable zoning, and readily available utilities makes this property an exceptional opportunity for discerning investors seeking significant returns in a thriving Texas market. The property's proximity to the Anna Town Square Master Planned Community further enhances its appeal and potential for future development.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anna
- County
- Collin
- State
- Texas
- Longitude
- -96.5568
- Latitude
- 33.3214
