Premium Development Opportunity – Caprock Ridge Subdivision (Phase Two) Presenting a prime 38.37-acre potential development tract situated in the highly desirable Caprock Ridge community. Pre-liminary Plat approved for a second-phase subdivision development, this expansive parcel offers the potential for 89 residential lots, ideally positioned for future builders and investors. Upon completion, these builder-ready lots are projected to individually sell between $50,000 and $55,000, providing an exceptional investment opportunity. Located conveniently near major thoroughfares, this property ensures easy access and attractive prospects for future homebuyers. Engineering and architectural planning are actively underway by a reputable engineering firm, ensuring the project’s readiness for swift advancement to completion. Utilities have ample capacity to support the development, with infrastructure installation pending. With preliminary plans in place and a clear path to groundbreaking, this site presents a compelling opportunity for strategic investors or developers aiming for a profitable and efficient turnaround. Contact us today for additional details, comprehensive property information, interactive maps, and aerial views to fully explore the potential of this exciting subdivision project

Listing courtesy of Brandi Smith of RE/MAX Big Country brandi@brandismithteam.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-04-19 08:03 PM CDT