101635 . Residential Bfr & CommercialDeSoto, TX 75115

For Sale
$1,985,259

8.286 Acres, Mixed-Use Zoning

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8.286-acre property in DeSoto, Texas, presents a unique investment opportunity. Recently rezoned for both commercial and residential use, this land offers flexible development options. The site boasts a prime location at the southwest corner of W Belt Line Rd and Elerson Rd, providing prominent frontage on a major thoroughfare. The residential portion is zoned SF-A, allowing for the construction of approximately 62 medium-density townhomes, with significant frontage on both Belt Line Rd and Elerson Rd. This presents a compelling opportunity for build-for-rent or for-sale townhome development, capitalizing on the strong residential demand in the area. A separate commercial parcel is also available. The property benefits from convenient access to major interstates (I-67 and I-35E), placing it within a short commute of the greater Dallas/Fort Worth job market and only 16 miles from downtown Dallas. DeSoto's robust school system and a thriving real estate market, characterized by strong home price appreciation, further enhance the investment potential. The property's location within a mixed-use development provides additional advantages, offering synergy and potential for increased value. This is a rare opportunity to acquire a large parcel of land with flexible zoning in a rapidly growing area. The site's strategic location and development potential make it an ideal investment for both residential and commercial developers. Detailed information on the available commercial corner is available upon request.

Highlights

  • Excellent location with high residential demand, ideal for build-for-rent townhomes or retail.
  • Commercial corner lot also available.
  • Prominent Belt Line Road frontage.
  • Recently rezoned for medium-density townhomes (SF-A).
  • Desoto enjoys strong home price appreciation and low days on market.
  • Easy access to major east-west interstates.

Property Details for 101635 . Residential Bfr & Commercial

Property type
Other land, Land
Lot Size (sq. ft)
360,938 SF

Location Insight

City
DeSoto
County
Dallas
State
Texas
Latitude
32.5989444
Longitude
-96.8565427
101635 . Residential Bfr & Commercial, DeSoto, Texas

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101635 . Residential Bfr & Commercial
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