16531 FM 455 E

Pilot Point, TX 76258
$500,000

Description

Strategically positioned for future growth, this investment property offers a prime location on a bustling road intersection. It's a unique opportunity to capitalize on upcoming developments, including the completion of the Dallas North Tollway, the widening of FM 455 to the South, the installation of city sewer in the area, and the extension of the Outer Loop around DFW. With over 10,000 planned homes in the area, investors can seize the chance to create essential commercial amenities for the growing population. If you can dream it, it will be needed in the next few years! This booming area will only have more traffic coming in need of everything from gas stations to strip malls. This property is a linchpin in having road-to-road access from Fritcher and FM 455 with excellent frontage. Both mobile homes are attached to the title and transfer with the land. Please see private remarks. Information deemed reliable and accurate; buyer agent to verify all details.

  • Property Details
      • Lot description:Cleared, Lrg. Backyard Grass
      • Exterior materials:Covered Patio/Porch, Storm Cellar
      • Acres:0.6860
      • Year built:1996
      • Utility features:Aerobic Septic, All Weather Road, Cable Available, Electricity Available, Electricity Connected, Gravel/Rock, Natural Gas Available, Ov
      • Subdivision:Light Ranch Estates West
      • School district:Pilot Point ISD
      • Elementary School:Pilot Point
      • County:Denton
      • MLS #:20756463
      • Cost:500000
      • Property subtype:Improved Land
      • MLS #:20756463

Location

Tish FerryReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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