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Property summary
This exceptional 2.8-acre land parcel in Rowlett, Texas, presents a remarkable multifamily development opportunity. Located at 8600 Merritt Rd, in Dallas County, zip code 75089, this property boasts fully approved building plans for an 81-unit multifamily complex. The site is zoned for Urban Neighborhood use and benefits from existing public infrastructure including roads, water, and sewer. The property is "design ready," "MEP ready," and "civil ready," streamlining the development process. … While permits are yet to be obtained, this prime location within the North River District offers significant advantages. The North River District prioritizes technology, finance, and retail, fostering a strong environment for research and development. This area is experiencing substantial growth, situated minutes from key developments like Garland's Firewheel Town Center, Richardson's CityLine, and PMB's $250 million mixed-use Station Development. Nearby amenities include Lake Ray Hubbard, a PGA-approved golf course, and Sapphire Bay Resort, enhancing the desirability of the future development. This is a rare chance to build a multifamily project in a high-demand area of the Dallas/Fort Worth metroplex. The property is surrounded by public roads, making access and transportation convenient. Investors and developers will find this a compelling opportunity to capitalize on the thriving Rowlett market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 5.75 ac
- APN
- 65054456510100000
- Zoning
- Z309
- Assessed value · 2023
- $287,500
- Annual tax · 2023
- $6,638
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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