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104 Wesson St - 53 Lots & 102.12+/- Acres | Gun Barrel City 118.75 Acres of Residential Land Offered at $3,555,968 CAD in Gun Barrel City, TX 75156
Investment Highlights
- The Site is ideally located less than a quarter of a mile south of Main Street and only 3.5 miles from Highway 175 which connects into Downtown Dallas
- The Site is half a mile from Cedar Creek Lake which allows future residents to enjoy all the recreation the lake has to offer such as boating, fishing
- The additional 102.12+/- acres of raw land has a concept plan that contemplates an additional 274 single-family lots.
- The Site is located at the SWQ of Main Street and State Highway 198 (Gun Barrel Lane) directly behind Lowe’s with numerous retail options/restaurants.
- The Site includes 53 platted lots that consists of primarily 65’x100’ lots sizes.
- The 102.12+/- acres of raw land is currently zoned “Vacant” with the potential to rezone for a variety of future uses outside of single family.
Property Facts
| Price | $3,555,968 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 118.75 AC |
| Property Type | Land | ||
| Zoning | Single Family; Vacant | ||
| Price | $3,555,968 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 118.75 AC |
| Zoning | Single Family; Vacant |
1 Lot Available
Lot
| Price | $3,555,968 CAD | Lot Size | 118.75 AC |
| Price Per AC | $29,944.99 CAD |
| Price | $3,555,968 CAD |
| Price Per AC | $29,944.99 CAD |
| Lot Size | 118.75 AC |
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase 53 single family platted lots and a contiguous 102.12+/- acres of raw land. Please note, Ownership will consider selling off the 53 single family platted lots and the 102.12+/- adjacent acres together or separately. The 53 platted lots are located in the existing Phase 1 of the Cottages at Cedar Creek subdivision, which consists of primarily 65’ x 100’ lot sizes. Ownership has already built 9 homes and will be retaining an additional 6 finished lots. Of the 9 homes that have been built, Ownership has sold 6 with 3 homes currently listed for sale up to $399K. The 102.12+/- adjacent acres is currently zoned “Vacant” with the potential to rezone for a variety of future uses; a concept plan has already been contemplated for this acreage and shows 274 additional lots. The Site is well located less than a quarter mile south of Main Street with additional access and frontage along State Highway 198 (Gun Barrel Lane). This represents a rare opportunity to acquire platted lots and/or additional raw land in a prime location at an exceptional price per acre of only $22,439 per acre.
Contacts
-
Jordan Cortez -
Justin Tidwell -
Mason John -
Haley Birmingham -
Will Droese -
Reid Pierce -
Alex Johnson -
Vanguard Real Estate Advisors
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104 Wesson St - 53 Lots & 102.12+/- Acres | Gun Barrel City
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