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492 W Forest Grove Road
Lucas, Texas 75002

County: Collin A0028

NO HOA City of Lucas Zoning Area R1.5 with potential for up to 3 Lots. Perfect estate build site in Lovejoy ISD is conveniently located within a short drive to Lake Lavon, area schools, upscale dining and local shopping. With easy access to Highway 75, you can enjoy your secluded property while retained excellent access to employment centers. Mature trees line the creek which runs along the western property line. Choose your own builder or hold the property for future build. There is no HOA and no deadline for beginning your build. This property is currently home to a radio tower and related equipment which will be removed. Horses will be allowed on this property and you may be able to subdivide the property with approval from the City of Lucas.

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Essential Information

  • Price$1,997,500
  • Reduced By$140,000
  • Cumulative Days on MarketUnlock
  • MLS® #21128798
  • Acres5.72
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 28 Active and 8 Sold Listings

Pricing Trends from 28 Active Listings in A

This Home's Price $1,997,500 This Home's Price Per SqFt $
Average Price $929,339 Average Price Per SqFt $
Highest Price $5,800,000 Highest Price Per SqFt $
Lowest Price $75,000 Lowest Price Per SqFt $

Pricing Trends from 8 Sold Listings in A

This Home's Price $1,997,500 This Home's Price Per SqFt $
Average Price $726,000 Average Price Per SqFt $
Highest Price $1,700,000 Highest Price Per SqFt $
Lowest Price $295,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address492 W Forest Grove Road
  • SubdivisionA0028
  • CityLucas
  • CountyCollin
  • StateTexas
  • Zip Code75002
  • HOANone
  • UtilitiesCity Water, Electricity Available
  • Taxes6944

Exterior

  • Lot DescriptionAcreage, Agricultural, Cleared, Few Trees, Interior Lot, Irregular Lot, Level, Lrg. Backyard Grass

Additional Information

  • ZoningCurrent use is commercial radio tower which will be removed. Per city zoning map site is zoned agriculture.

Private Listing Information (Registration Required)

Listing Details

  • AgentMelanie Brigante
  • OfficeDelahn Realty

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Listing information last updated on November 1st, 2026 at 9:15am CST.