TBD Florence Street Tioga, TX 76271

Previous Listing Price: $1,076,000

About this home

Property Overview

Rare, fully-entitled development opportunity in one of North Texas's fastest-growing corridors. This 10.76-acre tract at the hard corner of Buck Creek Road and S. Florence Street comes with approved, engineered plans for Red Oak Estates, a 29-lot single-family residential community, allowing a builder or developer to skip 12 to 18 months of entitlement work and move straight toward construction. Everything is complete and conveys with the sale: new boundary and topographic surveys, approved engineered civil drawings, a geotechnical report, and platted utility and drainage easements. The property has been annexed into the City of Tioga, and the plat is approved as an addition to the city. Take the project as designed and build out 29 residential lots, or repurpose the entitled, utility-served acreage for an alternative use such as multifamily, the hard work of surveying, engineering, and city coordination is already done. Tioga sits on the shores of Lake Ray Roberts, roughly 60 miles north of Dallas, with quick access to FM 121, US-377, Preston Road, and the future Dallas North Tollway extension, in an area seeing strong residential demand as growth pushes north out of Denton County. Full engineering, geotechnical, and survey documents are available to qualified buyers upon request; plat and survey available now.