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31399434
31478678

227 S Tower St, Weatherford, TX 76086

IP
TX TX, TX
Erodasi Development
Listed by Erodasi Development
$1,600,000
63 days on market
Updated 17 days ago

Single Family or Multifamily Duplexes Pre-Development

Details
Property Type Multifamily, Industrial (+1)
Sub Type Single Family Rental Portfolio, Residential (+1)
Units 50
Broker Co-Op Yes
Class A
Acreage 20.000
Zoning Industrial
Parking Spaces per unit
Ground Lease No

50 lot Duplex or Single Family Residential Land Development

Marketing description

Prime Infill Residential Development Opportunity | Weatherford, TX | 50-Lot Planned Subdivision

Presenting a rare opportunity to acquire a high-potential residential development site in the growing Weatherford market. This approximately 20-acre infill tract offers a compelling path for a developer, homebuilder, or land investor seeking a well-located project with substantial pre-development work already completed.

The site is currently zoned Industrial/Agricultural, with a residential redevelopment plan underway for a 50-lot subdivision. A significant portion of the entitlement and development groundwork has already been completed, including the ALTA/topographic survey, engineering work, full civil plan set, and Phase I Environmental Site Assessment. The civil plans were recently updated to address drainage requirements, resulting in an optimized 50-lot layout.

This property is especially attractive for groups looking to step into a project with momentum rather than starting from scratch. The site benefits from a location within an established and growing area of Weatherford, where residential demand continues to expand. In addition, the surrounding area supports the long-term value of new housing, while the alternative by-right industrial potential further underscores the importance and upside of residential repositioning.

A notable advantage is the presence of approximately 8 acres within FEMA flood plain, which cannot be developed but may provide strategic value in satisfying open space considerations. The City has also indicated a willingness to take the flood plain area in lieu of certain park fee obligations, creating an additional economic benefit to the future developer.

This is an ideal opportunity for:

  • Multifamily Investors and builders seeking finished-lot or paper-lot upside
  • Developers looking for a near-ready subdivision project
  • Land investors pursuing entitlement and rezoning spread
  • Builder-partners seeking a strategic Weatherford position

Investment highlights

Highlights include:

  • Planned 50-lot residential or Duplex development (Pre-Zoned)
  • Major pre-development work already completed
  • Full civil engineering plans completed for horizontal infrastructure
  • Phase I ESA completed
  • Infill location in a growing DFW submarket
  • Opportunity to acquire pre-rezoning or capitalize post-entitlement

This offering is well suited for buyers who understand the value of acquiring a project with meaningful time, engineering, and planning already invested.

Listing Contacts

IP
TX TX, TX
Erodasi Development
Listed by Erodasi Development

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Additional Information

Name
Izzy Petite
License
TX, TX
Brokerage
Izzy Petite
Brokerage Phone
8177161665
Title
Real Estate Sales Person
Brokerage Address
17350 Texas 249 Access Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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