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0 Parsons Rd - Parsons at Northside 157 Acres of Commercial Land Offered at $4,839,437 CAD in Victoria, TX 77904
Investment Highlights
- The Site is located just over a mile west of Highway 77, the main north south thoroughfares in Victoria which provides convenient access to downtown.
- Known as the “Crossroads of South Texas”, three major highways intersect in Victoria: U.S. Highways 59, 77, and 87.
- Proposed Concept Plan showing 424 lots consisting of 260 50’x120’ lots, 164 60’x120’ lots, and 18.8+/- acres for Build-to-Rent.
- 3 miles from the intersection of Highway 77 and Zac Lentz Highway, the Site is well positioned for future residents to enjoy extensive retail options.
- The Site has an approved MUD in place, Willow Creek MUD, which will provide significant reimbursements for various infrastructure improvements.
- Purchaser to verify zoning and uses allowed on the Site.
Property Facts
| Price | $4,839,437 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 157.00 AC |
| Property Type | Land | Cross Streets | Northside Road |
| Zoning | ETJ | ||
| Price | $4,839,437 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 157.00 AC |
| Cross Streets | Northside Road |
| Zoning | ETJ |
1 Lot Available
Lot
| Price | $4,839,437 CAD | Lot Size | 157.00 AC |
| Price Per AC | $30,824.44 CAD |
| Price | $4,839,437 CAD |
| Price Per AC | $30,824.44 CAD |
| Lot Size | 157.00 AC |
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase 157+/- acres (the “Site”) in the Victoria ETJ. The City of Victoria is well located at the intersection of Highway 59 and Highway 87 providing direct access to both Houston and San Antonio. Victoria has an estimated population of 66,020 residents as of 2024. The Site is primed for development with an approved Municipal Utility District in place (“Willow Creek MUD”); Ownership has also had their engineers put together a Concept Plan showing 424 lots inclusive of 260 50’x120’ lots, 164 60’x120’ lots, and 18.8+/- acres for Build-to-Rent. At a price point of only $22,500 per gross acre, the Site offers a rare opportunity to purchase a prime development tract at an extremely attractive price point. A 2% Co-Broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity. If seeking a Co-Broker Fee, the third-party broker must be identified upon initial conversation with listing broker.
Property Taxes
| Parcel Number | 03210-000-36801 | Improvements Assessment | $0 CAD |
| Land Assessment | $13,399 CAD | Total Assessment | $13,399 CAD |
Property Taxes
Contacts
-
Jordan Cortez -
Justin Tidwell -
Mason John -
Haley Birmingham -
Will Droese -
Reid Pierce -
Alex Johnson -
Vanguard Real Estate Advisors
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0 Parsons Rd - Parsons at Northside
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