$3,900,000

Seize this momentous opportunity to develop 35 acres near a new Centurion American Development, one of America’s largest single family developers. Current zoning allows for the development of 2+ acre lots (highest and best use suggest a zoning change to 1+ acre lots) close to the newly acquired South fork ranch where Centurion plans to develop single family homes on the 240 acre tract they just bought last year. Which was home to the show Dallas that changed Texas forever. The land is currently under ag zoning. Custom homes in the neighboring subdivisions are currently selling for 1.2M-2M. Near by lots are currently selling for 400k-500k. Parker is a small northern suburb city just 20 minutes from the Dallas business center. The city has low property taxes and virtually no commercial real estate. City population is rapidly growing, and the area has a country down home feel with larger lots close to the fast growing cities like Frisco, Allen, Plano and Mckinney.