Adult 55+
Address
0000 W Us 377 Highway, Cresson, TX
Price
$ 10,295,000
Property Attributes
  • MLS#20389118
  • TypeLand
  • CountyHOOD
  • CityCresson
  • Zip76035
  • StyleUnimproved Land
  • Price$ 10,295,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size355 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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.

Elementary School
Acton Elementary School
Price History
8/28/2023 Listed $10,295,000

General Features

Development Status City Limits,Plat Approved,Streets Installed,Zoned
Utilities Aerobic Septic,All Weather Road,Concrete,Electricity Available,Electricity Connected,Gravel/Rock,Overhead Utilities,Phone Available,Septic,Underground Utilities,No Sewer,No Water
Possession Closing/Funding,Upon Completion
Easements Access,Drainage,Natural Gas,Pipeline,Telephone,Utilities
current use Agricultural,Cattle
Restrictions No Mobile Home
School District Granbury ISD
Documents Available Survey,Topo Maps
Will Subdivide Yes
Property SubType Unimproved Land
Subdivision Name None
Possible Use Agricultural,Barndominium,Cattle,Commercial,Development,Equine,Grazing,Highway/Tourist Service,Horses,Hunting/Fishing,Industrial,Investment,Livestock,Mixed Use,Multi-Family,Pasture,Place of Worship,R
Zoning Description Rural Residential City of Cresson
Occupant Type Owner
County Hood
Property Type Land
Association Fee Frequency Other
HOA Type None
Special Notes Aerial Photo,Owner/ Agent,Survey Available,Utility Easement
Number Of Wells 2
Number Of Lots 1
Land Lease YN Yes
Status Active
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.
City Cresson
Buyer Agent Compensation 3
Elementary School Name Acton
High School Granbury
Street Name US 377
Elementary School Acton
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20389118
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Lock Box Type None
Street Suffix Highway

Exterior Features

Lot Features Acreage,Agricultural,Interior Lot
Vegetation Brush,Grassed,Partially Wooded
Fencing Barbed Wire,Gate
Soil Type Black,Limestone,Rocky/Shale
Horse Amenities Holding Pens
Lot Size Source Owner
Lot Size Over 100 Acres
Frontage Feet 3890
Lot Size Area 355.0000
Lot Size Units Acres
Acres Pasture 355.00
Road Frontage Distance 3890
Road Frontage Type City Street,Highway
Lot Size Square Feet 15463800.0000
Lot Size Acres 355.0000
Road Surface Type Concrete,Gravel

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 76035

Price
AVG $1.15M
$10.3M
Visits
AVG 91
234
Data Provided by Inside Real Estate®

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