455 And County Rd Anna, TX 75409
This exceptional 43.87-acre tract presents a remarkable development opportunity in Anna, Texas, a rapidly expanding Collin County city. Located at the intersection of FM 455 and County Road 288, this ETJ-zoned property boasts unparalleled access to major thoroughfares, including US-75 (one mile west), and the soon-to-be-completed Collin County Outer Loop connecting to the Dallas North Tollway. Anna's explosive growth is evident in its recent $3 billion in commercial and residential investments, and a staggering 525% year-over-year increase in residential building permits. This prime location offers convenient commutes to Downtown McKinney (13 minutes), Plano (28 minutes), Frisco (30 minutes), Downtown Dallas (40 minutes), and DFW Airport (45 minutes). The property's versatility is highlighted by its potential for both multifamily and single-family development. Approximately 15 acres are ideal for a multifamily project, accommodating 350 to 400 units. The remaining approximately 28.87 acres are suited for single-family detached homes or cottage-style developments, with flexible lot sizes to accommodate various housing styles (6 to 8 units per acre or 10 to 12 units per acre). City plans for a 15-inch sewer line along FM 455 are underway, and a newly constructed 12-inch water main runs along the property's southern border. Anna Independent School District serves the area. Parcel ID: R-6510-000-0090-1. Tax rate: 1.490%. Legal description: A0510 J M KINCAID SURVEY, TRACT 9, 43.8786 ACRES. Contact for pricing.
Cap rate
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Property description
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