5900 Hightower Dr Watauga, TX 76148
- Commercial land
- 0.76 lot acres
Current Use by Public Records
- Commercial land
Property Details for 5900 Hightower Dr
- Lot size
- 0.76 lot acres
- Property type
- Commercial land
- APN
- 10840-14-7R2
- APU
- 10840147R2
Description
This exceptional 0.76-acre commercial lot at 5900 Hightower Drive in Watauga, Texas presents a unique investment opportunity. Situated on a hard corner with signal lights, this property boasts excellent visibility and accessibility, making it highly attractive for a variety of commercial ventures. The location is surrounded by a dense residential area and a new subdivision, ensuring a strong customer base. All essential utilities, including sewer and water, are readily available. The lot has already been platted and is completely shovel-ready, minimizing development time and costs. Currently zoned for local business use, the property offers significant potential for rezoning. The city is open to considering rezoning applications for residential uses such as townhomes, multi-family dwellings, or mixed-use developments incorporating retail space on the ground floor and residential condos above. Prospective buyers are encouraged to contact the city directly to discuss specific project proposals and rezoning possibilities. This prime location, coupled with its readily available infrastructure and development-ready status, makes this a truly exceptional opportunity for investors seeking a high-impact commercial property in a thriving residential community. The asking price is $295,000.
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
- Watauga
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2547
- Latitude
- 32.8738
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
