8402 CR-501

Blue Ridge TX 75424

2105 sq. ft.

188701.92 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Fantastic investment opportunity in a fast-growing area of Collin County! This 4.3-acre tract is near a future planned thoroughfare per Collin County’s long-range plans, offering strong long-term potential for investment or land-hold. The property features a long private driveway leading to a tucked-away 2,105 sq ft home with all utilities; the home requires significant repairs or may need to be torn down, and its value is not considered in the pricing. Plenty of space to build your dream homestead. Additional features include a pond, a large, fenced area ideal for animals, a 728 sq ft barn, and a 1,200 sq ft shop with electric. Perfect for buyers seeking acreage with future upside in a high-growth area and in Blue Ridge ISD. Buyer to verify thoroughfare timelines and future use with Collin County. Cash offers or conventional land loan only. Conventional Land Loan has 2 options: 1. Demo structure before closing 2. One-time close construction loan which would need to include demo cost in budget.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 carport spaces

2105 sq. ft. floor area

188701.92 sq. ft. lot size

Single-Family

Property history for 8402 CR-501

2020

Sold

Undisclosed

22 May 2020 by Michael Blaser, of VIP Realty, LLC

Happy sellers in Blue Ridge

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