TX-73 Spur Midlothian, TX 76065
- Land
- 19.10 lot acres
Current Use by Public Records
- Land
Property Details for TX-73 Spur
- Lot size
- 19.10 lot acres
- Property type
- Land
Description
This exceptional 19.1-acre tract presents a unique investment opportunity in Midlothian, Texas. Located at TX-73 Spur, zip code 76065, in Ellis County, this property boasts flexible zoning, allowing for both commercial and residential development. Specifically, the permitted zoning includes MD 1 and MD 2 (medium residential, allowing for duplexes), and C (commercial). The land's strategic location offers significant advantages. It's directly adjacent to a new, 69-acre retail development currently under construction at the southeast corner of Hwy 67 and Business 287 (Main Street). This prime location shares the north and west property lines with this burgeoning retail center, ensuring high visibility and accessibility. While the property includes a creek and some associated floodplain, the substantial acreage and diverse zoning potential make it an attractive proposition for developers seeking a mixed-use project. The asking price for this significant land parcel is $2,500,000. This presents a compelling opportunity to capitalize on the rapid growth and development occurring in this dynamic Midlothian area. The property's proximity to the new retail development promises strong future appreciation and a diverse range of potential uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Ellis
- State
- Texas
- Longitude
- -97.0052
- Latitude
- 32.4759
