$1,949,000

Description

Rare Development Opportunity in the City of Lufkin! One of the few large acreage tracts remaining inside the Lufkin City Loop, this 38+ acre property has great access with triple frontage on FM 841 (Ford Chapel Rd), Valley Avenue, and Whippoorwill Drive. Only seconds from the US 59 Loop/S Medford Dr. (38,536 AADT). This site is close to schools, shopping, and major employers, making it an ideal location for residential development. Current residential zoning with an 8” water line along FM 841 and Valley Ave, as well as 6” sewer on both FM 841/Valley Ave., and an additional 8” sewer line running through the property. It was previously platted for 124 residential lots and an infrastructure cost share was discussed with the City of Lufkin. All city utilities are available with offsite detention nearby. Do not miss this opportunity! Contact us today!

  • Property Details
      • Lot description:20 Up to 50 Acres
      • Acres:38.34
      • Property type:Purchase
      • Sewer information:Public Sewer
      • Utility source:Public
      • School district:186 - Lufkin
      • Elementary School:Anderson Elementary (Lufkin)
      • Middle School:Lufkin Middle School
      • High School:LUFKIN HIGH SCHOOL
      • County:Angelina
      • MLS #:30187955
      • Cost:1949000
      • Property subtype:Country Homes/Acreage
      • MLS #:30187955

Location

Courtney WilleyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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