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4293 Hopkins Rd - 187 Finished Lots - Finley Crossing Phase 1 130 Acres of Residential Land Offered at $19,515,552 CAD in Krum, TX 76249
Investment Highlights
- The community is located less than two miles west of Interstate 35, providing future residents with connectivity to major employment centers.
- The Site is located within Krum ISD.
- Phase 1 includes 187 available finished single-family lots.
- Finley Crossing is adjacent to Erickson Farms, a sold-out DR Horton community where homes sold up to approximately $493,000.
- The Site will be zoned SF-6 with a Development Agreement, Planned Development, and Municipal Utility District (“MUD”), currently being finalized.
Property Facts
| Price | $19,515,552 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 130.00 AC |
| Property Type | Land | ||
| Zoning | PD - Planned Development | ||
| Price | $19,515,552 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 130.00 AC |
| Zoning | PD - Planned Development |
1 Lot Available
Lot
| Price | $19,515,552 CAD | Lot Size | 130.00 AC |
| Price Per AC | $150,119.63 CAD |
| Price | $19,515,552 CAD |
| Price Per AC | $150,119.63 CAD |
| Lot Size | 130.00 AC |
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to offer builders the opportunity to purchase 187 finished single family lots out of Phase 1 of Finley Crossing in Krum, TX. The anticipated substantial completion date is Q2 2028. This opportunity consists of 100 40’ lots and 87 50’ lots; the preference is to sell to one group but are open to offers on just the 40's or just the 50's. Overall, Finley Crossing will total 579+/- lots and consist of two phases at build-out. HistoryMaker Homes will be the master developer of the community and will retain and build on 87 of the 50’ lots in Phase 1. They have indicated their projected ASP is $400,000 and average home square footage is approximately 2,300 sf. Finley Crossing is well-located less than two miles west of Interstate 35 and less than a mile from FM 156, allowing for convenient connectivity to the rest of Denton County and the DFW Metroplex. The Asking Price is $1,650 per Front Foot. See pages 3 & 4 of the marketing flyer for pricing and formal term sheet.
Contacts
-
Jordan Cortez -
Justin Tidwell -
Mason John -
Haley Birmingham -
Will Droese -
Reid Pierce -
Alex Johnson -
Tim Marron -
Vanguard Real Estate Advisors
Presented by
4293 Hopkins Rd - 187 Finished Lots - Finley Crossing Phase 1
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