Hilltop Dr Springtown, TX 76082
- Residential income homes
- 1.23 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 0 Hilltop Dr
- Lot size
- 1.23 lot acres
- Property type
- Residential income homes
Description
This exceptional 1.23-acre lot, located on Hilltop Drive in Springtown, Texas (zip code 76082), presents a remarkable multifamily development opportunity. Currently zoned for multifamily use, this property offers significant potential for a substantial rental income stream. The expansive lot size allows for the construction of up to 22 units, according to preliminary assessments. Situated in a desirable location within Parker County, this land benefits from convenient access to city services, making it an ideal site for a new multifamily development project. The asking price for this exceptional investment opportunity is $529,000. The property is being offered for sale directly by the owner, eliminating any broker co-op fees. This presents a unique chance to acquire a prime piece of land with high development potential in a thriving Texas community. The property's address is Hilltop Dr, Springtown, TX 76082, and its coordinates are 32.9636859 latitude and -97.672721 longitude. This is a rare opportunity to acquire a large, multifamily-zoned lot in a growing area, offering significant returns for the discerning investor. The absence of existing buildings on the site provides complete flexibility for the design and construction of a new multifamily development tailored to the specific needs and vision of the buyer. This is a truly exceptional opportunity to build a profitable rental portfolio in a prime location.
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
- -97.6727
- Latitude
- 32.9637
