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ARG Client Cash Rebate $127,500

7237 E Parker
Lucas, TX 75002-7019

County: Collin None

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.

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Essential Information

  • Price$6,375,000
  • Cumulative Days on MarketUnlock
  • MLS® #20575949
  • Bathrooms0.00
  • Acres25.11
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 3 Active and 2 Sold Listings

Pricing Trends from 3 Active Listings in None

This Home's Price $6,375,000 This Home's Price Per SqFt $
Average Price $2,908,333 Average Price Per SqFt $
Highest Price $6,375,000 Highest Price Per SqFt $
Lowest Price $750,000 Lowest Price Per SqFt $

Pricing Trends from 2 Sold Listings in None

This Home's Price $6,375,000 This Home's Price Per SqFt $
Average Price $2,279,500 Average Price Per SqFt $
Highest Price $4,100,000 Highest Price Per SqFt $
Lowest Price $459,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address7237 E Parker
  • SubdivisionNone
  • CityLucas
  • CountyCollin
  • StateTX
  • Zip Code75002-7019
  • HOANone
  • UtilitiesCity Water, Electricity Available, Septic, Well

Exterior

  • Lot DescriptionAcreage, Lrg. Backyard Grass, Pasture

Additional Information

  • ZoningResidential

Private Listing Information (Registration Required)

Listing Details

  • AgentAlex Acuna
  • OfficeKeller Williams Central

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Listing information last updated on May 7th, 2024 at 4:30am CDT.