2661 V V Jones Rd Venus, TX 76084
This exceptional 50-acre property presents a remarkable investment opportunity in Venus, Texas. Located on Heritage Hills Parkway in Ellis County, this commercially zoned land (Grand Prairie ETJ) offers significant potential for diverse development projects. The property's ±50 divisible acres are ideal for a variety of uses, including single-family, multi-family residential development, or other commercial ventures. Its strategic location benefits from proximity to established developments like Value Builders Inc. and the master-planned community of Goodland, TX, ensuring strong market demand and potential for high returns. Venus utilities conveniently terminate at the property line on Heritage Hills Parkway. The property is situated near both Venus and Midlothian city limits, offering additional development flexibility. While currently within the Grand Prairie ETJ, there's a potential option for removal under Texas Senate Bill 2038. The listed address (2661 V V Jones Rd, Venus, TX 76084) is for a residential property on an adjacent lot and not the subject property. This is a truly unique opportunity to capitalize on the growth and potential of this desirable area. The asking price is $6,534,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.