500 Parker Rd StWylie, TX 75098

For Sale
$2,994,135

12.74 Acres, Commercial/Ag Potential, Wylie, TX

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 12.741-acre property presents a unique investment opportunity in Wylie, Texas. Located at 500 Parker Road St, Collin County, this land boasts a prime location, situated in an area slated for future development. The property's APN is R669600001301. Currently zoned for agricultural use, its strategic position along the proposed expansion of Parker Road offers significant potential for commercial or residential development. The parcel is largely located outside the extraterritorial jurisdiction (ETJ). Preliminary plans suggest the possibility of creating approximately 1.5-acre single-family residential lots or 2-acre commercial pad sites. This location offers convenient access to the Inspiration development, situated just 2.5 miles away. A significant advantage is the property's location outside the 100-year floodplain, as verified by flood maps and the current owner. The asking price for this remarkable property is $2,994,135. This presents a rare chance to acquire a substantial tract of land with high growth potential in a rapidly developing area of Wylie, Texas. The property's size and location make it ideal for a variety of development projects, capitalizing on the anticipated growth and infrastructure improvements in the region. This is a truly exceptional opportunity for discerning investors seeking a prime piece of Texas real estate.

Highlights

  • 12.741-acre land parcel in Wylie, Texas, with APN R669600001301.
  • Located at 500 Parker Road, Collin County, in an area primed for future development.
  • Currently zoned agricultural, but strategically positioned for commercial or residential development along the proposed Parker Road expansion.
  • Preliminary plans indicate potential for 1.5-acre residential or 2-acre commercial lots.
  • Located outside the 100-year floodplain and largely outside the ETJ.
  • Asking price: $2,994,135.

Property Details for 500 Parker Rd St

Property type
Other land, Other farms
Lot Size (sq. ft)
554,998 SF

Location Insight

City
Wylie
County
Collin
State
Texas
Latitude
33.0267167
Longitude
-96.5384209
500 Parker Rd St, Wylie, Texas

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500 Parker Rd St
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