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$175,000

Est. payment - /mo

1.65 Acres Lot

Active

1462 Pettit Parkway Whitewright, TX 75491

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Patricia Ann Young

patricia@followmyheelshome.com +1(972) 795-4260

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Granger Mcdaniel Surv Abs #768

MLS Listing ID 20941129

HOA Y/N None

Annual Tax Amount $3,079

Lot Size 1.650 Acres

Acres 1.65

Property Sub-Type Unimproved Land

Property Description

Welcome to Charming Whitewright with a vibrant downtown, good schools and ease of access! Situated in an area of rapid growth, just north of Blue Ridge and Farmersville, where new home construction has skyrocketed, this highly visible 1.65-acre tract is in the path for future growth. With 9,256 vehicles traversing this site daily according to the 2023 Texas Department of Transportation study, this location offers maximum exposure for your business! The property is fully cleared and ready for development, featuring city water, sewer, electricity, natural gas, and a commercial water meter already installed. No floodplain. The front half of the lot is zoned Commercial, while the back half is zoned Residential, divided by a drainage easement — a perfect setup for those wanting to build a business up front and live on-site in the back. Rezoning may be possible if you prefer to designate the entire property as either Commercial or Residential. Rumored to be the former location of Whitewright's florist, this site offers both a touch of history and a wealth of potential. Located less than half a mile from downtown and less than a mile from Hwy 11, providing quick connections to Tom Bean, Howe, and Hwy 75. Just a short 20-minute drive to Sherman — the future site of Texas Instruments' cutting-edge semiconductor plant, bringing 3,000 new jobs to the region. As DFW continues to push north, this is your opportunity to buy land while it is priced right. Utilize a 1031-exchange and watch your investment grow! With 200 feet of Hwy 69 frontage, this is a rare investment property you won't want to miss!

Location

State TX

County Grayson

Zoning Commercial & Residential. The eastern/front portion of the lot bordering Hwy 69 is zoned Commercial. The western/back portion of the lot is zoned Residential. The zoning dividing line is where the drainage ditch lies.

Direction Traveling north on Hwy 69-Pettit Parkway, property will be located on the left-hand side of the road right before the W. Grand Ave. turnoff. Black and white commercial sign on property.

Interior

Heating None

Cooling None

Heat Source None

Exterior

Fence Barbed Wire, Wood

Utilities Available City Sewer, City Water, Concrete, Curbs, Electricity Available, Individual Gas Meter, Individual Water Meter, Natural Gas Available

Street Surface Concrete

Lot Frontage 200.0

Garage No

Building

Lot Description Acreage, Cleared

Schools

Elementary Schools Whitewright

Middle Schools Whitewright

High Schools Whitewright

School District Whitewright Isd

Others

Restrictions No Known Restriction(s)

Ownership Stephans

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20941129

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Megan Christensen • Texas Life Real Estate

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Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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1462 Pettit Parkway Whitewright, TX 75491

Patricia Ann Young

Key Details

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1462 Pettit Parkway