Cresson, TX 76035,0000 W US 377 HWY
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$8,500,000
Est. payment /mo
355 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20389118

HOA Y/N No

Lot Size 355.000 Acres

Acres 355.0

Property Sub-Type Unimproved Land

Property Description

Putteet Hill is a 626 acre subdivision that completed Phase 1 in 2022. Of the 97 - 2+ acre lots in Phase 1, 60% of them have already been sold. This gated community boasts concrete streets and underground utilities, providing a high-quality living environment. The average home price in the subdivision exceeds $1 million. Phase 2 is 355+ acres of land that can be developed residentially and commercially. The property has 3,890 feet more or less of frontage on Highway 377, making it an ideal location for various commercial ventures such as shopping centers, professional office spaces and schools. A Preliminary Plat for 2-acre home sites on the remaining 355 acres has been completed. Alternatively, a public water system is possible, which would provide additional density. Putteet Hill is poised to take advantage of the current growth of the Dallas-Fr Worth metroplex with the entrance to the Cresson bypass only 2 miles away.

Location

State TX

County Hood

Zoning Rural Residential City of Cresson

Direction From the Kroger at US 377 Hwy and Acton drive northeast 5 miles. The property is on the southeast side of US Hwy 377.

Interior

Fireplace No

Exterior

Fence Barbed Wire, Gate

Utilities Available Electricity Available, Electricity Connected, Overhead Utilities, Phone Available, Septic Available, Sewer Not Available, Underground Utilities, Water Not Available

Water Access Desc None

Present Use Agricultural,Cattle

Street Surface Concrete,Gravel

Road Frontage City Street, Highway, All Weather Road

Building

Lot Description Acreage, Agricultural, Interior Lot, City Lot

Sewer Aerobic Septic, None, Septic Tank

Water None

Schools

Elementary Schools Acton

Middle Schools Acton

High Schools Granbury

School District Granbury Isd

Others

Tax ID Several

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