0000 Cr-626 Blue Rdg Blue Ridge, TX 75424
This exceptional 17.436-acre parcel in Collin County, Texas, presents a remarkable opportunity for residential development. Located on unzoned county land near Blue Ridge, this property boasts a 6-inch water line already installed along CR 626. Its strategic location offers easy access to major thoroughfares, including Highway 121, Highway 380, Highway 78, and the future Collin County Outer Loop (approximately 3 miles away). The area is experiencing robust growth, with a 10% increase in household income fueled by construction, retail, education, and manufacturing sectors. Nearby established subdivisions like Terra Escalante, Heritage Grove, Pioneer Estates, and Trails of Blue Ridge, showcase the high demand and strong property values (ranging from the $350,000s to over $900,000) in the immediate vicinity. Electricity is available, however, sewer is not. The property's APN is R663900001101. This combination of prime location, development-ready infrastructure, and a thriving economic climate makes this a compelling investment opportunity. The asking price is $1,265,000. The address is 0000 Cr-626, Blue Ridge, TX 75424.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.