85 Prairie Dr Jarrell, TX 76537
Property Description 15 acres located in Jarrell Texas, one of the fastest growth cities in the USA. Seller has worked on a site development but not completed it. Proposed layout includes over 50 proposed lots with some designed for single family and multifamily homes, so developer can have potentially over 100 units. Seller has engineering work for the streets based on the current design, as well as engineer work with one of the utility providers due to their easement. Utilities: Available. Flat land with no improvements and no trees, giving a developer a clean slate to work with. Land is elevated higher than surrounding area. No flood plain. SF-2 Zoning: This zoning allows for triplexes, duplexes, single family homes and more with smaller lots. It’s the most versatile zoning in residential. Seller has had several planning meetings with the city; Development plan is still open, giving buyer flexibility in future desired development. Location Description Approximately 3 minutes from Interstate Highway 35 and close to downtown and the main Jarrell grocery and restaurants.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.