2929 Sagebrush Dr Lewisville, TX 75022
This exceptional 5.39-acre residential lot in Lewisville, Texas (zip code 75022), presents a unique development opportunity. Located at 2929 Sagebrush Drive, Flower Mound, this mostly flat property boasts mature trees and wildlife, offering a tranquil setting while enjoying convenient access to FM 2499 and FM 1171. The property is zoned for Estate Residential (one home per acre), allowing for the construction of a single-family residence. Water and utilities are readily available. The asking price is $1,350,000. This land offers significant potential for various residential developments. Its location provides easy access to excellent Flower Mound Elementary Schools and the award-winning Flower Mound High School. Furthermore, the property's proximity to DFW International Airport (ten minutes away) and abundant shopping and restaurants adds to its appeal. The high home values in nearby gated communities and Toll Brothers subdivisions further underscore the investment potential. Note that two adjacent properties, totaling 9.59 acres, are also available for purchase separately
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
Similar Nearby for Lease
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.