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$1,366,847
Est. payment /mo
6.06 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Fouracres
MLS Listing ID 21056363
HOA Y/N No
Year Built 1940
Annual Tax Amount $6,286
Lot Size 6.060 Acres
Acres 6.06
Property Sub-Type Unimproved Land
Property Description
**Townhome Development Opportunity** with 6.606 acres located at the southwest corner of W. Belt Line Rd and Elerson Rd in DeSoto, TX. This tract is part of the recently approved Planned Development District No. 197 (PD-197), which establishes base zoning of Single-Family Attached Dwelling (SF-A) and General Retail (GR). With the frontage portion already under separate contract, the remaining land provides an excellent site for a residential townhome community offering medium-density development consistent with SF-A standards. Surrounding area highlights include convenient access to I-35E and I-67, only 16 miles from downtown Dallas, and adjacency to existing and planned retail uses that support strong housing demand. Utilities are available to the site, and DeSoto continues to benefit from strong demographics, with a growing population and rising home values. This site presents builders and investors with flexibility, a desirable location, and zoning already in place to support residential development within a mixed-use setting.
Location
State TX
County Dallas
Community Curbs
Zoning PD - SF-A (Townhomes)
Direction Use GPS.
Interior
Inclusions Land & Improvements
Fireplace No
Exterior
Community Features Curbs
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Building
Lot Description Acreage
Story 1
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 60059500000020000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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