703 E White Street Anna, TX 75409
4.18 Acres Lot
UPDATED:
01/04/2025 05:25 PM
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision G M Surv Abs #559
MLS Listing ID 20808881
HOA Y/N None
Year Built 1966
Annual Tax Amount $2,738
Lot Size 4.184 Acres
Acres 4.184
Property Description
The property includes a 1,313 sq. ft. home, which is in decent condition and currently rented out to a tenant. The lease will be transferred to the new owner. However, the value of this property lies in the land, not the house.
City-Approved Concept Plan: A thoughtfully designed concept plan featuring over 42,000 sq. ft. of commercial space has been approved by the City of Anna. The plan accommodates Restaurants, Retail, and Office Spaces, ensuring a vibrant, multi-purpose development.
Residential Growth: Located directly across the street, Leonard Trails, a new single-family home community with approximately 500 homes, is under development.
Massive Regional Development: The area is set to boom with a significant development spanning 1,100+ acres planned along East White Street.
Infrastructure Upgrades: A four-lane road has already been approved for White Street, enhancing accessibility and ensuring excellent traffic flow to the property.
Pre-Construction Advantage: The seller is offering to share all pre-construction work and resources with the new owner, streamlining the path to development.
The Future Land Use Plan identifies this property as Downtown. Within the Downtown Master Plan, it is classified as Transitional Development, allowing for commercial construction in accordance with the city's zoning ordinance.
Being part of Anna's Downtown Jurisdiction, the property comes with added construction benefits, making it even more attractive for developers.
This prime parcel of land is perfectly positioned to capitalize on Anna's rapid growth and increasing demand for commercial spaces. Don't miss the chance to be part of this thriving community's expansion.
Location
State TX
County Collin
Zoning Multi-usu-commercial/office space/retail
Direction Use 703 FM 455 Anna, TX
Interior
Heating Central, Electric
Cooling Central Air, Electric
Heat Source Central, Electric
Exterior
Utilities Available Asphalt, City Sewer, City Water, Electricity Connected
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Judith Harlow
Middle Schools Anna
High Schools Anna
School District Anna Isd
Others
Restrictions No Known Restriction(s)
Ownership Tax Roll
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
