7237 Parker
Lucas, TX 75002
MLS ID# 20575949 Active
Unimproved Land
$6,375,000
Details for 7237 Parker, Lucas TX 75002
This extensive property package offers a compelling investment opportunity, featuring four parcels totaling 25 acres, each brimming with potential. Zoned SF-1 for one-acre lots, the land comprises seventeen (17) one-acre lots and two (2) 2+ acre lots, complete with city entitlements and approved site plans, positioning it as a premier investment opportunity. With its level topography and remarkable visibility, boasting approximately 600 feet of frontage along Parker Road, and supplemented by existing water and electrical services, the property provides an ideal canvas for development endeavors. In Lucas, where the median home price stands at $1.1 million as of April 2024, and properties are listed up to $5.3 million, the residential market flourishes, offering ample room for exploration. Delve deeper into this exceptional property through our video available on Crexi and LoopNet.
Features and Details
- Category Land
- Type Unimproved Land
- Area/Neighborhood
- County Collin
- Acreage 25.11 Acres
- MLS ID# 20575949
- Association Fee
- None
- Lot Features
- Acreage, Lrg. Backyard Grass, Pasture
- Current Use
- Agricultural, Pasture, Residential, Unimproved
- Possible Use
- Development, Residential, Single Family
- Restrictions
- No Divide
- Soil Type
- Unknown
- Lot Sizee SqFt
- 1093791.6000
- Utilities
- City Water, Electricity Available, Septic, Well
- Zoning
- Residential