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26794612
26370588

Black Hills Dr and Bluebonnet Blvd, Gainesville, TX 76240

TM
TX 302612
Metcalfe Commercial Realty, LLC
Listed by Metcalfe Commercial Realty, LLC
Unpriced
284 days on market
Updated 4 days ago

Yellow Brick Road in Black Hills Farm

Details
APN 10245
Property Type Land
Sub Type Residential
Acreage 9.620
Zoning Mixed-Use

9.65 Acres for 35 Approved Duplex Lots

Marketing description

For registration requirements and regulations, please review here or contact Alexsis Wolfson | 949-799-4658 | [email protected].

Introducing Yellow Brick Road at Black Hill Farm in Gainesville, Texas - a cutting-edge opportunity in the booming real estate market. This development presents a rare chance to invest in a planned community of 70 age-restricted rental units, comprising 35 duplexes thoughtfully designed for comfortable living. Nestled in the heart of the up-and-coming Black Hill Farm, residents will enjoy proximity to the world-renowned WinStar Casino, providing entertainment at their doorstep. Situated on approximately 10 acres, this community is set to be ready for occupancy by the 4th quarter of 2023. Boasting modern amenities and accessibility to an on-site community center, residents aged 55 and above will revel in the tranquil surroundings while remaining close to the Dallas-Ft. Worth metroplex. This property is tailor-made for Opportunity Zone Fund investors seeking advantageous tax benefits.

  • 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

Black Hills Dr and Bluebonnet Blvd, Gainesville, TX 76240

Investment highlights

    • Yellow Brick Road is planned for of 35 Duplexes - 70 rental units in total.
    • 22 duplexes combine a two bedroom/two bath unit of 1,305 square feet and a one bedroom unit of 940 square feet . Each one bedroom unit has a single car garage and private courtyard, while each two bedroom unit has a two car garage and private courtyard. 13 duplexes have each unit as two bedrooms and two garages. All plans are one level and feature universal design for aging in place.
      • Location - Black Hill Farm - A Master Planned Community, Gainesville, Texas 76240 www.BlackHillFarm.com
        • Just 10 minutes to WinStar….the World’s Largest casino
          • Land Size - +/- 9.62 acres gross
            • Ready to Rent - 4th Quarter - 2023
              • Age Restricted to 55+
                • Access to Community Amenity Center

                  Listing Contacts

                  TM
                  TX 302612
                  Metcalfe Commercial Realty, LLC
                  Listed by Metcalfe Commercial Realty, LLC

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