7515 Chaucer Place
Dallas, TX 75237
$1,250,000
2.69 acres
Description
PRICE REDUCED TO $1,250,000. LAND SALE - FULLY ENTITLED AND READY TO CONSTRUCT. 2.687-acre parcel approved for 62-unit BTR condo community in Wolf Creek, SW Dallas. Asking price includes all pre-development work- architectural plans, civil, MEP, SWPPP, plat, and City-approved vertical and horizontal entitlements. Permits ready to pull for under $8,000. GC (Fortex Construction) reviewed plans and is ready to mobilize. Water and sewer available to site. Unit type: 2 Bed, 2 Bath, avg 1,385 SF, 2-car garage per unit. Submarket occupancy above 93%, 10%+ rent growth. 2 min to Hwy 67 and I-20, 15 min to Downtown Dallas. DHA active in submarket. Site may qualify as QCT - verify for LIHTC eligibility. Exit- unit sales or bulk REIT sale. Full drawing set and pro forma available upon request.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| David W. Carter High School | 9 - 12 | Regular |
| Judge Louis A. Bedford, Jr. Law Academy | 6 - 8 | Regular |
| Ronald Ervin McNair Elementary School | EE - 5 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.