500 Quail Run St Greenville, TX 75402
This exceptional 7.868-acre parcel in Greenville, Texas, presents a remarkable development opportunity. Located within city limits and zoned SF-2, this property boasts a pre-liminary plat showing the potential for 27 residential lots. Situated in a rapidly growing area, surrounded by recently approved developments and established neighborhoods, this land offers unparalleled potential for residential or mixed-use projects. The existing pre-liminary plat, prepared by a local surveyor and compliant with city ordinances, streamlines the development process, minimizing potential delays. This strategic location within Hunt County, at 500 Quail Run St, zip code 75402, offers easy access to existing infrastructure and amenities. The property is owned by a corporation and is being offered at $550,000. This is a unique chance to capitalize on Greenville's thriving real estate market and create a lasting impact on the community. The property's size and zoning make it ideal for a variety of development plans, catering to the increasing demand for new housing and potentially commercial spaces. Invest in a future-ready location poised for significant growth and return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.