$7,000,000
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
21299524
MLS
59 Acres W Fm, Blue Ridge