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96.57+/- Acre Residential Development Site | Tyler, TX ETJ

$2,950,000

12397 County Road 46, Tyler, TX 75704

Pending
Last Updated: 01/31/2025

96.57 acres

Lot Area

0.7

Price Per Sqft

Details:
Lot Area:    96.57 acres
Price Per Sqft:    $0.70
Zoning:    ETJ
Highlights:
  • The Site is located along County Road 46 less than a mile west of State Highway 110 (Van Highway) and less than two miles west of Loop 323.
  • The Site is less than 3 miles northwest of the intersection of Loop 323 and Highway 64, which boasts numerous national retailers.
  • The Site is well located within Tyler ISD which has an overall rating of A- according to Niche.com.
  • The Site is in Smith County, in the Tyler extraterritorial jurisdiction (ETJ).
  • Located outside of the Tyler city limits, the Site lends itself to a variety of uses as there is no zoning in place.
  • Ownership has two potential Concept Plans for the Site; one Concept Plan is for 425 primarily 52’x114’ single family lots and the other Concept Plan is for 423 primarily 42’x144’ mobile home lots.
  • According to the 2022 U.S. Census Bureau, Tyler has a population of approximately 109,286.
  • As of August 2024, the median home price in Smith County rose to $318,745.
  • According to Texas Realtors, median price per square foot of single-family home sales in August 2024 is $175.94.
Description:

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers, builders, and investors the opportunity to purchase 96.57+/- acres (the “Site”) located along County Road 46 in the Tyler ETJ. Located just outside of the Tyler city limits, the Site lends itself to a variety of uses as there is no zoning in place. Ownership has two potential Concept Plans for the Site; one for single family residential lots and the other for mobile home lots. Located less than a mile west of State Highway 110 (Van Highway) and less than two miles west of Loop 323, the Site is well positioned for a variety of uses to take advantage of the future path of growth. At $30,548 per acre, this is an excellent value for a development site in a rapidly growing market in East Texas.

To gain access to the Due Diligence Vault click on the link below:
https://docsend.com/view/s/i7dpq9gdm94ykpz3

A 3% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity.

Map:
Documents:
Title
Marketing_Flyer_-_Tyler_96.57_AC.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
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