For Sale

Listed by Cameron Castaldo from Respace Texas LLC

Source: North Texas Real Estate Information Systems, Inc. #20142611

1405 CR-247, Valley View, TX, 76272

$5,400,000

151.4 ac.

Land

30+ days on the market

What's around 1405 CR-247

About this property

We have 155 AC of land in Valley View only 25 min to Denton and 45 min to DFW Airport. This property can be purchased with a 3500 SF home that’s nearing completion and a new large metal building for storage. This could be a great property to enjoy while your land value appreciates. If you choose to develop, we have a site plan that allows you to create a 121 lot neighborhood with the new home sitting in the middle on a 5 AC lot. Either way, you will be able to take down the property with only 20% down since this can be purchased as a secondary home or residential investment property, vs having to do a land loan. The home and the land can be purchased separately or together. Price with completed home and additional 5AC is $6.3M. Since this is located in Cooke County and Valley View ETJ, you do not have to pull permits for development, only for septic systems. Property already has a 6” waterline with capacity for at least 121 homes and Gigabit Fiber.

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