Description
Prime 5.5 Acre Opportunity in High-Growth CorridorPositioned between the Dallas North Tollway and Preston Road"and just east of the planned Legacy Road extension"this 5.5-acre property offers exceptional potential for investors and developers. With 388 feet of road frontage on Fred Smith Road, the site provides both accessibility and visibility in one of North Texas fastest-growing areas. Located just outside city limits and within the ETJ, the property allows for greater development flexibility. Existing improvements include a 1,594 sq ft main home with 3 bedrooms and 2 bathrooms, as well as a separate 3-bedroom, 2-bathroom guest house. Both structures present immediate income-producing potential or can be repurposed as office space during development. Whether you're seeking a land hold in a strategic location, a live, work setup during planning phases, or a site ready for commercial or residential redevelopment, this property checks all the boxes for forward-thinking investors.
-
0BEDS
-
5.53ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Prime 5.5 Acre Opportunity in High-Growth CorridorPositioned between the Dallas North Tollway and Preston Road"and just east of the planned Legacy Road extension"this 5.5-acre property offers exceptional potential for investors and developers. With 388 feet of road frontage on Fred Smith Road, the site provides both accessibility and visibility in one of North Texas fastest-growing areas. Located just outside city limits and within the ETJ, the property allows for greater development flexibility. Existing improvements include a 1,594 sq ft main home with 3 bedrooms and 2 bathrooms, as well as a separate 3-bedroom, 2-bathroom guest house. Both structures present immediate income-producing potential or can be repurposed as office space during development. Whether you're seeking a land hold in a strategic location, a live, work setup during planning phases, or a site ready for commercial or residential redevelopment, this property checks all the boxes for forward-thinking investors.
© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-07-16T19:43:38.21.
Listing information © 2025 North Texas Real Estate Information System.