402 E Fulton Street Van Alstyne, TX 75495

$399,500

About this home

Property Overview

The Subject 1.953 acre tract is located JUST WALKING DISTANCE from Van Alstyne's thriving downtown Social District and HAS FRONTAGE on both E. Fulton and Sherman Streets. The Subject tract is presently zoned SF-65. Huge selling point here - this tract is OPEN TO MULTIPLE USES AND CONFIGURATIONS - as a LARGE SECLUDED FAMILY ESTATE close to town, SEVERAL LOTS for a family enclave, or a close in SUBDIVISION WITH MULTIPLE LOTS. In fact, the City has favorably reviewed preliminary plans for a six (6) lot subdivision on the site, but a FINAL PLAT has NOT BEEN SUBMITTED as yet - so the BUYER HERE is open to working with the City to formulate a final plan that best works for the BUYER on an SF-65 zoned tract. The Subject tract was recently cleared and contoured, so this tract is ready for development. This tract has frontage ON BOTH FULTON AND SHERMAN STREETS, with 152 feet on Fulton and 206 feet on Sherman, for total road frontage of 358 feet. These tracts DON'T COME to the market often, a developable tract with SF-65 zoning SO CLOSE to Downtown and Van Alstyne's Social District - a tract that's available as a SINGLE FAMILY ESTATE, a FAMILY ENCLAVE, a SUBDIVISION, or anything that SF-65 zoning allows. With the clearing work already done, this tract could likely get through final City approvals and be ready for development in 60-90 days. The Subject tract HAS NOT been in Ag Status for several years, so no large tax rollbacks will accrue to the Buyer. Please be advised that all statements contained herein HAVE BEEN DILIGENTLY RESEARCHED AND ARE BELIEVED TO BE FACTUALLY CORRECT. However, the Buyer and Buyer's Agent WILL NEED AND WANT TO VERIFY ALL STATEMENTS contained herein as a matter of DUE DILIGENCE to confirm their complete veracity.