Premium Development Opportunity – Caprock Ridge Subdivision (Phase Two)
Presenting a prime 38.37-acre potential development tract situated in the highly desirable Caprock
Ridge community. Pre-liminary Plat approved for a second-phase subdivision development, this
expansive parcel offers the potential for 89 residential lots, ideally positioned for future builders and
investors. Upon completion, these builder-ready lots are projected to individually sell between $50,000
and $55,000, providing an exceptional investment opportunity. Located conveniently near major
thoroughfares, this property ensures easy access and attractive prospects for future homebuyers.
Engineering and architectural planning are actively underway by a reputable engineering firm, ensuring
the project’s readiness for swift advancement to completion. Utilities have ample capacity to support the
development, with infrastructure installation pending. With preliminary plans in place and a clear path to
groundbreaking, this site presents a compelling opportunity for strategic investors or developers aiming
for a profitable and efficient turnaround. Contact us today for additional details, comprehensive property
information, interactive maps, and aerial views to fully explore the potential of this exciting subdivision
project
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $585,000 | $∞ | RE/MAX Big Country |
Junior High School Wylie Junior High | 0.1 miles away | 06 - 08 | |
Elementary School Wylie Int | 0.8 miles away | 03 - 05 | |
Elementary School Wylie Elementary | 1 miles away | KG - 02 |