2
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$1,200,000
Est. payment /mo
4.35 Acres Lot
New
212 S Fm 5 Aledo, TX 76008
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20940764
HOA Y/N None
Year Built 2004
Annual Tax Amount $11,856
Lot Size 4.350 Acres
Acres 4.35
Property Sub-Type Unimproved Land
Property Description
**Attention Developers** Introducing a rare development opportunity in the heart of Aledo—just outside downtown, directly across from Bearcat Park and adjacent to Mockingbird Park. This 4.35-acre residential tract can be subdivided into 13 lots, each approximately 9,000 to 12,000 square feet, offering a unique chance to build in one of the area's most desirable locations with city services. This is a unique opportunity free from PIDs, MUDs, and HOA dues—an uncommon advantage in this market.
Zoned in accordance with the city's R75 land use designation, this site is ideally suited for single-family residential development. Projected lot sales range from $200,000 to $250,000, with comparative home sales at $280 per square foot. Whether you're a developer seeking a well-positioned project or an investor looking for long-term value, this offering presents an exceptional blend of location, infrastructure, and potential.
Zoned in accordance with the city's R75 land use designation, this site is ideally suited for single-family residential development. Projected lot sales range from $200,000 to $250,000, with comparative home sales at $280 per square foot. Whether you're a developer seeking a well-positioned project or an investor looking for long-term value, this offering presents an exceptional blend of location, infrastructure, and potential.
Location
State TX
County Parker
Zoning R75
Direction From I-20 go south on FM 1187. From Downtown go straight onto FM 5 South. Property will be on your right. GPS friendly.
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Vandagriff
Middle Schools Mcanally
High Schools Aledo
School District Aledo Isd
Others
Restrictions Other
Ownership Villarreal
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Listed by Ashley Moss • Moss Residential, LLC