
Courtesy of: Franklin Reed, Signature Properties, frank.reed@heronvaluation.com
$525,000
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Lot: 40.00 Acres
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Other
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$525,000
0 US Highway 98 Positioned just west of downtown Elberta along the U.S. Highway 98 corridor, this ±40-acre tract offers a compelling opportunity for either future residential development or a private estate setting with room to spread out. The property is mostly level, roughly square in configuration, and partially wooded, creating an attractive mix of usability, privacy, and natural character. Its location next to existing new residential development, Meritage Homes' Sandy Oaks, which supports its appeal as a potential subdivision candidate, while the surrounding pattern of rural homesteads and low-density housing also makes it well suited for a buyer seeking a large homesite close to town, schools, and daily services. The area is part of Elberta’s growing rural-to-suburban corridor, with the 3-mile area reporting a population of about 5, 022, median household income of $62, 132, median home values of $249, 083, and a strong 75% homeownership rate. Buyer to verify all information during due diligence.
Courtesy of: Franklin Reed, Signature Properties, frank.reed@heronvaluation.com
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