Us 377, Cresson, Texas

$10,295,000
Active
Us 377, Cresson, Texas
Us 377, Cresson, Texas
Us 377, Cresson, Texas
Contact Agent
Call Email

Property Details

MLS ID: 20389118
Status: Active
Price: $10,295,000
Acres: 355±
Type: Unimproved, Land
Address: Us 377
City, State: Cresson, TX
County: Hood County
ZIP Code: 76035
Parcel Number: Several

Description

Putteet Hill is a 626 acre subdivision that completed Phase 1 in 2022. Of the 97 - 2+ acre lots in Phase 1, 60% of them have already been sold. This gated community boasts concrete streets and underground utilities, providing a high-quality living environment. The average home price in the subdivision exceeds $1 million. Phase 2 is 355+ acres of land that can be developed residentially and commercially. The property has 3,890 feet more or less of frontage on Highway 377, making it an ideal location for various commercial ventures such as shopping centers, professional office spaces and schools. A Preliminary Plat for 2-acre home sites on the remaining 355 acres has been completed. Alternatively, a public water system is possible, which would provide additional density. Putteet Hill is poised to take advantage of the current growth of the Dallas-Fr Worth metroplex with the entrance to the Cresson bypass only 2 miles away.

Directions: From the Kroger at US 377 Hwy and Acton drive northeast 5 miles. The property is on the southeast side of US Hwy 377.

Robert Bong

Robert Bong

Capitol Ranch Real Estate, LLC

Ask Robert a Question

  • This field is for validation purposes and should be left unchanged.

Get Financing

# Payment Interest Principle Balance

Contact An Agent

Robert Bong
Capitol Ranch Real Estate, LLC
Ask Robert About This Property
  • This field is for validation purposes and should be left unchanged.

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of November 21, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: November 21, 2024 at 12:00:00 AM UTC

Listed By: John Mercer of Jtm-re Llc