$1,949,000
For Sale
Browse 23 photos
Type:Purchase
Structure:Land
Zone:Residential

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 DescriptionAcreage
    • Measurements
      • Acres38.3400
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesCity Sewer, City Water, Co-op Electric, Natural Gas Available
  • Community and Neighborhood Details
      • SubdivisionNA
    • Location
      • School DistrictLufkin ISD
      • Elementary SchoolAnderson
      • CountyAngelina
  • Financial Details
      • Buying Agency Compensation3
  • Other
      • MLS #20359340

Location

TruHome Real EstateReal Estate Group
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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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