$3,500,000.00

Listing Description

Dual developmental opportunities exist on this tract. Currently in Ag Exemption, the base approved zoning is “E”, Neighborhood Commercial. Allowing for a variety of retail and commercial use applications. Separately is Texas Senate Bill 840 (SB840) allowing for multifamily development on “zoning classifications that allow office, commercial, retail, warehouse, or mixed-use use or development as an allowed use under the classification”. SB840 allows for residential density between 36 units per acre on 3 levels to 60 units per acre with 4-story height bonus.