1801 Arkansas LnArlington, TX 76010

This exceptional 13.3-acre site in Arlington, Texas, presents a compelling opportunity for multi-family development. Located at 1801 E Arkansas Ln, 76010, in Tarrant County, this property is zoned RMF-22 & CC, offering flexibility for various projects. The land, priced at $7.59/SF, is situated in a Qualified Census Tract (QCT) and Opportunity Zone, benefiting from favorable city incentives. Arlington has designated this area for redevelopment, specifically encouraging multi-family housing, making it ideal for a 4% or 9% LIHTC project or a market-rate complex. The site's generally level terrain features a small dry creek (no floodplain) and workable easements, including a gas well. With a usable shape and all city utilities available, the site's potential unit count is estimated at approximately 210, considering setbacks. The location is convenient, situated on the north side of East Arkansas Lane with a median opening, and within the Arlington ISD. This property offers significant potential for investors seeking a prime location for multi-family development in a thriving Texas market.