Listing provided courtesy of BLVD Real Estate- MLS# 21299524MLS ProviderContact Information: Terence Burnside - 214-406-3724

59 Acres W FM 545Blue Ridge, TX 75424

Vacant Land · 59.00 Acres
$7,000,000 Active

59 Acres W FM 545 Overview

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Fully Entitled 271-Lot Residential Development. Rare opportunity to acquire a fully entitled 59.02-acre residential development in the rapidly growing community of Blue Ridge, Texas. This premier project consists of 271 approved builder lots, a commercial tract, and a development framework designed to move directly into construction and lot delivery. The project benefits from a fully approved Planned Development (PD), providing a favorable entitlement structure and reducing development risk. Phase 1 civil engineering and construction plans have been fully approved, allowing a developer or homebuilder to immediately advance toward construction. Significant infrastructure investment has already been completed, including off-site sewer construction, eliminating a major hurdle in the development process. The seller offers flexibility to purchasers and is willing to sell the project as paper lots or finished lots, creating multiple acquisition and investment strategies. Located in one of the fastest-growing corridors of Collin County, the project offers convenient access to McKinney, Melissa, Princeton, Farmersville, and the greater Dallas-Fort Worth Metroplex. Project Highlights: 59.02 Acres 271 Approved Builder Lots Fully Entitled Residential Development PID Approved One Commercial Tract Included Favorable Planned Development (PD) Ordinance Phase 1 Civil & Engineering Plans Fully Approved Off-Site Sewer Construction Complete Sidewalk Connection to Award-Winning Blue Ridge ISD Schools Seller Will Consider Sale as Paper Lots or Finished Lots Excellent Access to Major North Texas Growth Corridors Ready for Immediate Development Execution

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59 Acres W FM 545 Facts & Features

  • Type Vacant Land
  • Lot 59.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Blue Ridge ISD
  • Elementary School: Blueridge
  • Middle Or Junior School: Blueridge
  • High School: Blueridge

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: BLUE RIDGE
  • Subdivision Name: Blue Ridge North

Community/Development

  • Development Status: Site Plan Approved

General Information

  • Parcel Number: R1164700A00101
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Subdivision,City Lot
  • Lot Size Acres: 59.0
  • Lot Size Area: 59.0
  • Lot Size Square Feet: 2570040.0
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: See Remarks

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.

59 Acres W FM 545 Market Data

Based on the last 30 days in this zip code

$601,635
Average List Price
$292
Average Price per Square Foot
6
Properties Sold
96
Average Days on Market
87
Properties for Sale
Calculations provided by Reliance Network


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