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Property profile & analytics
OFF-MARKET
Commercial real estate

740 Fm Rd Heath, TX 75126

6.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.8-acre property presents a unique opportunity for discerning buyers seeking a prestigious location for residential development or a sprawling private estate. Situated in the highly desirable Heath, Texas community, this land offers a tranquil setting bordering large estates and farmland, ensuring privacy and exclusivity. The expansive acreage allows for numerous configurations, making it suitable for the creation of multiple luxury homes or a single, magnificent estate. Heath itself is a premier residential area, conveniently located approximately 30 minutes from Downtown Dallas. Residents enjoy access to a range of amenities, including a prestigious Golf Club, a Yacht Club, exemplary schools renowned for their high academic standards, and an extensive network of 17 miles of hike and bike trails. The property's location along the shores of Lake Ray Hubbard further enhances its appeal, offering residents access to recreational water activities and stunning lake views. This is an unparalleled chance to build your dream home or develop a collection of luxury residences in one of the most sought-after communities in the Dallas area. The property is priced at $750,000. Further details regarding zoning and development possibilities are available upon request.

Property profile
Verified
Property type Commercial real estate
Lot 6.8 ac (296,208 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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