$1,265,000

Description

This 17-acre parcel in Collin County offers an excellent development opportunity on unzoned county land with a 6 inch water line already in place along CR 626, by Frognot. Conveniently located near established and desirable subdivisions such as Terra Escalante, Heritage Grove, Pioneer Estates, and Trails of Blue Ridge. Nearby property values range from the $350,000s to over $900,000, reflecting strong market potential. The area benefits from a 10% growth rate in household income, driven by key employment sectors including construction, retail trade, educational services, and manufacturing. Strategically positioned just minutes from Highway 121, Highway 380, Highway 78 and future Collin County Outer Loop approx. 3 miles away. The property offers excellent connectivity and is also close to downtown Blue Ridge. Combination of a prime location, development readiness, and robust economic growth makes it a compelling investment opportunity for residential development.

  • Property Details
      • Lot description:Acreage, Agricultural, Interior Lot, Pasture, Sloped
      • Acres:17.4360
      • Property type:Purchase
      • Utility features:Electricity Available, Outside City Limits, No City Services, No Sewer
      • Subdivision:Nathan Mitchell Surv Abs #639
      • School district:Blue Ridge ISD
      • Elementary School:Blueridge
      • County:Collin
      • MLS #:20711226
      • Cost:1265000
      • Property subtype:Unimproved Land
      • MLS #:20711226

Location

Phil HillReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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