85 Prairie Dr Jarrell, TX 76537

Property Details for 85 Prairie Dr

Lot size

15.00 lot acres

Property type

Commercial real estate

Description

This exceptional 15-acre commercial land parcel presents a unique investment opportunity in Jarrell, Texas, a city experiencing rapid growth. Located at 85 Prairie Dr, this flat, elevated property boasts a prime location approximately 3 minutes from Interstate Highway 35, providing easy access to major transportation routes and proximity to Jarrell's downtown area, including grocery stores and restaurants. The land is completely clear, free of trees and improvements, offering a developer a clean slate for immediate development. Importantly, the property sits outside the floodplain. The seller has already invested in significant pre-development work, including engineering for streets based on a proposed layout of over 50 lots, potentially yielding over 100 residential units (a mix of single-family and multi-family homes). Engineering work has also been completed with a utility provider regarding easements, and utilities are available on-site. The SF-2 zoning allows for a variety of residential development options, including single-family homes, duplexes, and triplexes, making this a highly versatile property. Several planning meetings with the city have already taken place, and the current development plan remains open, allowing for flexibility in future development plans. This is a rare opportunity to acquire a large, well-situated parcel in a booming Texas market, ready for immediate development. The asking price is $2,600,000.

Location Insight

City

Jarrell

County

Williamson

State

Texas

Longitude

-97.5973351

Latitude

30.8194469