2929 Sagebrush Dr Lewisville, TX 75022

This exceptional 5.38-acre property, located at 2929 Sagebrush Dr, Lewisville, TX 75022, presents a unique investment opportunity in the heart of Flower Mound. Situated near FM 2499 and south of FM 1171, this mostly flat, treed lot offers convenient access via Sagebrush Dr, connecting to Long Prairie Rd (FM 2499). The land boasts abundant trees and even wild peacocks, creating a secluded and private atmosphere. Water and utility access are available. While an abandoned house is present, the sale is strictly for the land. Zoned for Residential Low Density (one home per acre) by Flower Mound city planning and zoning, this property offers multiple development possibilities, including age-restricted living, assisted care facilities, or single-family residences. An adjacent 2.58-acre parcel (2829 Sagebrush Dr) is also available for purchase, creating a combined 7.96 acres with a wider entry point, ideal for a gated community. Furthermore, a separate 7-acre landlocked parcel to the south presents the potential to acquire nearly 14 prime acres of treed land. All parcels are zoned for one home per acre. The asking price for this 5.38-acre lot is $1,350,000, with a land value of $5.75 per square foot. Parcel IDs are R220712 and R220713. The property is owned by CasaC21Investments.