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82 Single Family Paper Lots | Lancaster, TX

$1,881,900

2301 West Main Street, Lancaster, TX 75146

Active
Last Updated: 01/31/2025

18.42 acres

Lot Area

A-O, Agricultural Open (Mills Branch Overlay District)

Zoning

Details:
Lot Area:    18.42 acres
Zoning:    A-O, Agricultural Open (Mills Branch Overlay District)
Highlights:
  • The 82 lots are located less than a mile east of I-35 and approximately 13 miles south of Downtown Dallas via Interstate 35.
  • Belt Line Elementary and Lancaster Junior High are both approximately a mile west of the Site, and Lancaster High School and Cedar Valley College are approximately 3 miles northwest of the Site. 
  • Less than a mile west from the Site are national retailers such as Walmart, Kroger, Home Depot, In-N-Out, and more.
  • The Site is zoned A-O and within the Mills Branch Overlay district.
  • The Final Plat shows a mix of 19 village (50’x110’), 21 townhome (25’x90’), and 42 cottage units (40’x90’).
  • Civil Construction Plans have been completed and will be conveyed at closing along with any existing third party reports.
  • Purchaser to do their own due diligence related to the zoning, existing plans, and potential uses.
  • According to Texas Realtors, the median home price in Lancaster is $286,250.
  • In 2022 U.S. Census Bureau stated that Lancaster has a population of approximately 40,449.
  • Per Texas Realtors, in May of 2024 the median sale price per square foot was $171, which is up 3.3% percent since last year.
Description:

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer qualified builders and developers the opportunity to purchase 82 fully engineered residential lots within an 18.42+/- acre development Site in Lancaster, TX (the “Site”), which is a suburb south of Dallas. The Site is zoned within the Mills Branch overlay district and the Seller has a final plat approved for a mix of 19 village (50’x110’), 42 cottage (40’x90’), and 21 townhome lots (25’x90’). The Site is prominently located along West Belt Line Road, less than a mile east of Interstate 35, giving the Site direct access to downtown Dallas. Seller will also consider a finished lot sale at the price of $85,000 per finished lot.

A 2% Co-Broker Fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity. If seeking a Co-Broker Fee, the third-party broker must be identified upon initial conversation with listing broker.

To gain immediate access to the marketing brochure and due diligence vault, click on the link below:

https://docsend.com/view/s/fde5qn33fdq9j3yn

Map:
Documents:
Title
Marketing_Flyer_-_Lancaster_Lots_01.31.2025.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery