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5000 Flower Mound Rd
Flower Mound, TX 75022
Land For Sale
·
19.30 AC
Investment Highlights
- Proximate to Major Employment Nodes
- Experiential & Lifestyle Amenities
- Rare Development/Adaptive Re-Use Opportunity
- Impressive Demographics
Executive Summary
Harvest MXD Inc. (“HMXD”) has been exclusively retained to execute the sale or lease of the North East Corner of Quail Run Road and Flower Mound Road (the “Property”) on behalf of Lewisville Independent School District and Board of Trustees (“LISD”). The Property is well-located within LISD and Denton County, Texas, in the town of Flower Mound, and consists of ±19.3 acres of land area and supported by exceptional infrastructure.
The Property is accessed by Flower Mound Road and Quail Run Road and bordered by highly affluent neighborhoods with homes ranging from ±$1.5 million to +$2 million. Mature neighborhoods in this area have homes ranging in price from ±$700,000 to ±$1 million. The Property provides ready access to Cross Timbers Road, a major east, west thoroughfare providing direct access to Interstate 35W, Interstate 35E and subsequent access to Dallas North Tollway, Sam Rayburn Tollway, and Highway 121. These major thoroughfares connect the property to major entertainment and lifestyle destinations and employment centers that include Grapevine, Southlake Town Square, Grandscape, Legacy West, Legacy Town Center, Granite Business Park, Hall Office Park, The Star, Grapevine Lake, Lake Lewisville, miles of hike and bike trails, and DFW International Airport.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Single Family Development |
| Property Type | Land | Total Lot Size | 19.30 AC |
| Zoning | Agricultural (AG) - Zoning allows for development of single family residential with net density of one dwelling unit per two acres. | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 19.30 AC |
| Zoning | Agricultural (AG) - Zoning allows for development of single family residential with net density of one dwelling unit per two acres. |
1 Lot Available
Lot
| Lot Size | 19.30 AC |
| Lot Size | 19.30 AC |
±19.3 acres at the north east corner of Flower Mound Rd and Quail Run Rd in Flower Mound TX, Dallas MSA.
Description
Proximate to Major Employment Nodes: The Property boasts easy access to Interstate 35W and Interstate 35E which provide ready access to Highway 121, Sam Rayburn Tollway, and Dallas North Tollway, allowing for efficient commutes to major employment hubs including Downtown Fort Worth, Downtown Dallas, Denton, Hall Park, Frisco, Plano, Addison, and Uptown Dallas. Rare Development/Adaptive Re-Use Opportunity: The Property is a large undeveloped tract of land in the heart of the highly affluent and rapidly densifying town of Flower Mound. The majority of the area surrounding the property is builtout with almost no land available for development. This has contributed to the rise in existing home prices in the immediate area leaving a shortage of inventory for new homes. Experiential & Lifestyle Amenities: Located less than 20 minutes from Grapevine, and Roanoke, and 35 minutes from Legacy West, Legacy Town Center, Hall Park, Frisco and Plano, the Property provides a dynamic opportunity for professionals of all ages looking for an experiential lifestyle in a less dense environment. These lifestyles are driven by creative food, nightlife, and entertainment within a short distance from home. Impressive Demographics: Within two miles of the property, the population exceeds 28,000 people with average household incomes of over $214,000. Strong growth is projected to continue in this highly affluent submarket.
