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Auction

Hudson Oaks Development

5.648 Acres of Entitled Land | Prime Location with Easy Access to I-20

Listing Contacts

Auction

Bidding Starts: May 20 4:00 PM
Starting Bid:$250,000
Terms & Bid History
Address 

520 N Oakridge Dr, Hudson Oaks, TX 76087

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Auction Added
Apr 12, 2025
Time Since Last Update
11 days

Details

Property TypeLand
SubtypeResidential
ZoningPlanned Development
Lot Size (acres)5.648
APNR000094345
IntelligenceINTELLIGENCE
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Marketing Description

For registration requirements and regulations, please review here or contact Hannah Ladenheim | 936-274-1332 | hladenheim@crexi.​com.​

Don't Miss Out on this Prime Investment Opportunity! Introducing the Hudson Oaks Development, located at 520 N Oakridge Drive, Hudson Oaks, TX.​ Spanning 5.648 acres, this entitled land is ready for a 55+ independent living community comprising 55 two-bedroom, two-bathroom units with customizable floor plans.​ Each unit offers 1,000 square feet of living space, single-car garages, in-unit washers and dryers.​ With projected monthly rents of $2,250 and a high submarket occupancy rate of 93%, this investment promises robust returns.​ Situated in Parker County, one of the fastest-growing areas in the U.​S.​, this development benefits from nearby economic growth and new developments, including a $40 million city infrastructure investment.​ Don't miss the opportunity to be a part of this thriving community in Hudson Oaks! Join us at the Crexi Auction on May 20th, 2025, or visit multifamilygrp.​com for more details!

  • Non-Contingent

  • Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price

  • Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

  • $10,000 Participation Deposit

520 N Oakridge Dr, Hudson Oaks, TX 76087

Investment Highlights

  • 5.648 Acres of Entitled Land

  • Planned Community Featuring All 2-Bedroom, 2-Bathroom, 1,000 SF Units

  • $109,502* Median Household Income (Yardi*)

  • 50% of the Population Nearby is Over 45 Years Old (Yardi*)

  • Planned Development Zoning

  • Prime Location with Easy Access to I-20 and US-180, H-E-B, Walmart & Chick-Fil-A

Due Diligence

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Listing Contacts


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Broker of Record
THE MULTIFAMILY GROUP LLC
Broker of Record: License Type
TX 9007084
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