7237 E Parker, Lucas

$5,999,000

0 Beds
0 Baths
0 Sqft
25.11 Acres
0 Garages

This extensive property package offers a compelling investment opportunity, featuring four parcels totaling 25 acres, each brimming with potential. Zoned SF-1 for one-acre lots, the land comprises seventeen (17) one-acre lots and two (2) 2+ acre lots, complete with city entitlements and approved site plans, positioning it as a premier investment opportunity. With its level topography and remarkable visibility, boasting approximately 600 feet of frontage along Parker Road, and supplemented by existing water and electrical services, the property provides an ideal canvas for development endeavors. In Lucas, where the median home price stands at $1.1 million as of April 2024, and properties are listed up to $5.3 million, the residential market flourishes, offering ample room for exploration. Delve deeper into this exceptional property through our video available on Crexi and LoopNet.

Essential Information
MLS® #20575949
Price$5,999,000
Bathrooms0.00
Acres25.11
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address7237 E Parker
SubdivisionNone
CityLucas
CountyCollin
StateTX
Zip Code75002-7019
Amenities
Utilities

City Water, Electricity Available, Septic, Well

Exterior
Lot Description

Acreage, Lrg. Backyard Grass, Pasture

School Information
DistrictPlano ISD
ElementaryHunt
MiddleMurphy
HighMcmillen
Additional Information
ZoningResidential
Listing Details
AgentAlex Acuna
OfficeKeller Williams Central
Property History
Price Reduced from $6,375,000 to $5,999,000

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Listing information last updated on December 24th, 2024 at 12:15pm CST.

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