$2,475,000
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98.6 Acres Lot
SOLD DATE : 04/10/2023
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Diamond Creek Estate
MLS Listing ID 20088991
Sold Date 04/10/23
HOA Y/N None
Lot Size 98.600 Acres
Acres 98.6
Property Description
Diamond Creek Estates is a fully platted large-lot residential subdivision with utilities already in place. The subdivision consists of 110 lots, totaling 98.6 acres, with water, sewer, and electricity delivered to each lot. The roads for the community have been benched. The development is located on County Road 3502 on the Northeast side of Wills Point, five miles North of Interstate 20. Diamond Creek Estates is a quick 15-minute drive from Terrell and 10 miles from Lake Tawakoni. The plat has been fully approved and the utilities have been accepted by the city. This is an excellent opportunity for developer, investor, or builder to finish out the community. This property is in a designated Opportunity Zone, which can be a tax savings tool for Buyers.
Location
State TX
County Van Zandt
Zoning 110 Residential Lots
Direction East of Dallas on Highway 80. Head North on 4th Street in Wills Point, then take your fourth right on North Street, left on Librant Street, and then a quick right on Elm. Lots are on your Right. Look for sign.
Exterior
Utilities Available City Water, Electricity Available, Sewer Available
Street Surface Asphalt
Garage No
Building
Lot Description Few Trees, Lrg. Backyard Grass, Subdivision
Schools
School District Wills Point Isd
Others
Restrictions Development
Ownership MDT Wills Point LTD
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
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Bought with Non-Mls Member • NON MLS