• Office Phone - 214.572.1400
  • Primary - 214.801.4417

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Listing provided courtesy of Post Oak Realty West- MLS# 21178206MLS ProviderContact Information: Cason Caraway - 940-399-5990,940-399-5990

1360 E Bypass 287Alvord, TX 76225

Vacant Land · 11.04 Acres
$799,000 Active

1360 E Bypass 287 Overview

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Unlimited opportunity with this cleared and ready to go 11-acre tract of land on the north side of Alvord, TX with 2 to 3 sides of road frontage and a blank canvas for building to suit or subdividing to capitalize on multiple lots. This property has 2 lots already re-zoned and platted with approved engineering plans for 7 townhouses on the north end of Alvord city limits. Fully engineered plans are included with the purchase. If desired, one could expand the townhouse footprint on a much larger scale across the remainder of the property. Having 4 or more 2+ acre lots is an option that could be more suitable for traditional commercial businesses. The entire property is within the city limits and currently zoned for commercial use. Access the property with ease from Business 287 or the 287 Bypass Rd. The longer side of the lot fronts the heavily travelled US-287 for maximum exposure to the thousands of drivers daily. The city is open to dividing the larger lot into smaller lots for businesses to thrive. The oil and gas well previously on the property has been plugged with all equipment removed making for a blank slate free of encumbrances to have to work around.

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1360 E Bypass 287 Facts & Features

  • Type Vacant Land
  • Lot 11.04 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Alvord ISD
  • Elementary School: Alvord
  • Middle Or Junior School: Alvord
  • High School: Alvord

Location/Region

  • Country: US
  • County Or Parish: Wise
  • Postal City: ALVORD
  • Subdivision Name: James Pinchback Survey

Community/Development

  • Development Status: Zoned

Tax Information

  • Tax Annual Amount: 3700.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 745506
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Cleared,Irregular Lot,Subdivided
  • Lot Size Acres: 11.04
  • Lot Size Area: 11.04
  • Lot Size Source: Plans
  • Lot Size Square Feet: 480902.4
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Topography: Varied

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: City Street,Highway
  • Utilities: Electricity Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1360 E Bypass 287 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1360 E Bypass 287 Market Data

Based on the last 30 days in this zip code

$602,751
Average List Price
$280
Average Price per Square Foot
4
Properties Sold
146
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network


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