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Listing provided courtesy of Gerald Porter Real Estate, LLC- MLS# 21277356MLS ProviderContact Information: Gerald Porter - 214-676-3818

000O STATE HWY 78Lavon, TX 75166

Vacant Land · 3.00 Acres
$3,267,000 Active

000O STATE HWY 78 Overview

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This 3-acre tract MAY BE DIVIDED with one acre as minimum size. This is one of only a few remaining retail tracts in Lavon with frontage on Highway 78. It is located in the 25+ acre Planned Development Commercial Section of Lake Breeze Estates. The property is in an excellent location for retail sites across Hwy. 78 from the 200-acre LakePointe Development that is joined by the Elevon Development, currently under construction as a mixed-use development of approximately 1,600 acres of primarily homes. Lavon is experiencing explosive growth as residential development continues with these developments and other developments that are in process. This increase in residential development is adding to the need for commercial-retail development in the area. It is believed the property along the frontage of Hwy. 78 and this quadrant at Hwy. 78, a six-lane divided highway at FM 6, to also be widened to four lanes divided, will become increasingly important for retail businesses to service the increasing population in the area.

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000O STATE HWY 78 Facts & Features

  • Type Vacant Land
  • Lot 3.00 Acres

Details

General

Association/HOA

  • Association Fee: 100.0
  • Association Fee Frequency: Other
  • Association Fee Includes: Maintenance Grounds
  • Association Name: Unknown
  • Association: Yes

School Information

  • School District: Community ISD
  • Elementary School: Nesmith
  • Middle Or Junior School: Leland Edge
  • High School: Community

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: LAVON
  • Subdivision Name: Lake Breeze Estates

Community/Development

  • Community Features: Curbs
  • Development Status: Site Plan Approved,Streets Installed,Zoned

General Information

  • Parcel Number: 2923354
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Subdivision,City Lot
  • Lot Size Acres: 3.0
  • Lot Size Area: 3.0
  • Lot Size Square Feet: 130680.0
  • Lot Size Units: Acres
  • Water Source: Community/Coop

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

000O STATE HWY 78 Market Data

Based on the last 30 days in this zip code

$430,672
Average List Price
$176
Average Price per Square Foot
55
Properties Sold
380
Average Days on Market
731
Properties for Sale
Calculations provided by Reliance Network


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