UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Abs A0741 Thomas A Rhodes Surv
MLS Listing ID 21135013
HOA Y/N None
Year Built 1998
Annual Tax Amount $6,497
Lot Size 12.510 Acres
Acres 12.51
Property Sub-Type Unimproved Land
Property Description
This 12.51-acre tract in the ETJ of one of the fastest-growing counties in the United States represents a compelling entry point for developers, investors, ranchers, or long-term land holders. Unplatted and unrestricted by city zoning, the property sits close to US-380 and the McKinney growth corridor, where land values have tracked the region's consistent northward expansion.
County road frontage on Broken Arrow Lane provides easy access. City water is available on site. The land features a natural mix of mature trees and open pasture. Adjacent to Collin County's Sister Grove Regional Water Resource Recovery Facility -- a major public infrastructure investment that reflects the county's long-term commitment to this corridor.
Proposed uses include: residential subdivision, estate lots, barndominium, agricultural, ranch, commercial, recreational, or long-term hold. No HOA. McKinney ISD.
Seller is motivated. Priced at $69,944 per acre. Cash or conventional financing. Buyer establishing qualifying agricultural use may apply for an AG exemption through Collin County CAD -- no rollback tax risk since the property has never held an exemption. Buyer to verify zoning, utilities, AG exemption eligibility, and development feasibility.
Location
State TX
County Collin
Zoning Unincorporated/ETJ
Direction Use GPS
Exterior
Utilities Available City Water, Septic
Street Surface Concrete,Gravel
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Webb
Middle Schools Johnson
High Schools Mckinney North
School District Mckinney Isd
Others
Restrictions Unknown Encumbrance(s),None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Aerial Photo
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.