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Lakeside Drive
Kaufman, TX 75142

$2,814,000 USD

Land For Sale  •  34.53 AC

Property Details

  • Property Type Land
  • Lot Size 34.53 AC
  • Zoning PD-22
0 Transit Score
49 Walk Score

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer qualified builders and developers the opportunity to purchase 134 single-family entitled paper or finished lots (34.53+/- acres) within the Five Points mixed-use development in Kaufman, TX (the “Site”), a suburb of Dallas. This offering consists primarily of 50’ x 120’ and 60’ x 130’ lot sizes. Five Points is prominently located along South Washington Street, which connects US Highway 175 to Highway 34. The mixed-use development will also include multifamily, commercial, townhomes, and build-to-rent. At a price point of $25,768 per paper lot, this is an excellent opportunity to acquire entitled single family lots within a rapidly growing DFW submarket.

 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to regarding this opportunity.

Highlights

The approximately 34.53+/- acre site is located 35 miles southeast of Downtown Dallas via Highway 175.
Five Points Drive has already been constructed providing access to the Site from South Washington Street and brought all necessary infrastructure.
The Site is less than half a mile from Highway 175 which boasts numerous national retailers such as Wal-Mart, Starbucks, McDonald’s, and more.
The Site currently has an approved Planned Development (PD) and Development Agreement in place with the City of Kaufman.
According to the Preliminary Plat, the Site consists of 134 single family lots that are primarily 50’x120’ (60%) and 60’x130’ (40%) lot sizes.
Per Seller’s recent discussions with the City, they have indicated the City is potentially open to rezoning the Site to include 40’ and/or 30’ lots.

Property Flyers

Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors
Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors