Unlimited opportunity with this cleared and ready to go 11-acre tract of land on the north side of Alvord, TX with 2 to 3 sides of road frontage and a blank canvas for building to suit or subdividing to capitalize on multiple lots. This property has 2 lots already re-zoned and platted with approved engineering plans for 7 townhouses on the north end of Alvord city limits. Fully engineered plans are included with the purchase. If desired, one could expand the townhouse footprint on a much larger scale across the remainder of the property. Having 4 or more 2+ acre lots is an option that could be more suitable for traditional commercial businesses. The entire property is within the city limits and currently zoned for commercial use. Access the property with ease from Business 287 or the 287 Bypass Rd. The longer side of the lot fronts the heavily travelled US-287 for maximum exposure to the thousands of drivers daily. The city is open to dividing the larger lot into smaller lots for businesses to thrive. The oil and gas well previously on the property has been plugged with all equipment removed making for a blank slate free of encumbrances to have to work around.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.