7515 Chaucer Pl, Dallas, TX 75237

$1,250,000

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List Price
$1,250,000
MLS#
21380476
Status
ACTIVE
Type
Land
Subtype
Land
Acres
2.69
County
Dallas
City
Dallas
Subdivision
Chaucer Estates

Property Description

PRICE REDUCED TO $1,250,000. LAND SALE - FULLY ENTITLED AND READY TO CONSTRUCT. 2.687-acre parcel approved for 62-unit BTR condo community in Wolf Creek, SW Dallas. Asking price includes all pre-development work- architectural plans, civil, MEP, SWPPP, plat, and City-approved vertical and horizontal entitlements. Permits ready to pull for under $8,000. GC (Fortex Construction) reviewed plans and is ready to mobilize. Water and sewer available to site. Unit type: 2 Bed, 2 Bath, avg 1,385 SF, 2-car garage per unit. Submarket occupancy above 93%, 10%+ rent growth. 2 min to Hwy 67 and I-20, 15 min to Downtown Dallas. DHA active in submarket. Site may qualify as QCT - verify for LIHTC eligibility. Exit- unit sales or bulk REIT sale. Full drawing set and pro forma available upon request.

Additional Information

Lot Size
117,045
Acres
2.69
Lot Description
Subdivision, Subdivided, City Lot, Level
School District
Dallas Isd
Elementary School
Roberts
Middle School
Pinkston, West Dallas
High School
Carter
Possession
CloseOfEscrow
Proposed Use
Development, Multi-Family
Community Features
Curbs, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Vibhu Rana from MAXWORTH REAL ESTATE GROUP LLC. Contact: 817-929-9259

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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