Listed by Vanguard Advisors LLC
$3,331,251
2640 COUNTY ROAD 427 ANNA TX 75409-5408
Details
APN 2121438
Property Type Land
Sub Type Residential
Units 1
Year Built 1990
Stories 1
Acreage 16.100
Zoning MF-1
About This Property for Sale
Marketing description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders and developers the opportunity to purchase a 16.1+/- acre Build-to-Rent development site located along County Road 427 in Anna, TX (the “Site”).
The Site is zoned MF-1 with an approved Development Agreement in place allowing for 180 units per the Concept Plan that was approved.
The Site is well located just over a mile east of Highway 5, which allows convenient accessibility throughout the City of Anna and quick connectivity to US-75 and Highway 121 (Sam Rayburn Tollway).
To gain access to the marketing brochure and full Due Diligence Vault click on the link below:
Investment highlights
Strategic Location
- The Site is located a quarter mile north of the future Sherley Farms master-planned community by Tellus Group, with 3,000 homes approved.
- The Site is approximately a quarter mile from Grand Estates of Anna where Grand Homes is currently selling homes up to $890K and approximately 500 feet from Cedar Ridge Estates where Riverside Homes is selling homes up to $577K.
- Located within Anna ISD the Site is approximately half a mile north of Rosamond-Sherley Elementary School, approximately 1.3 miles northeast of Slayter Creek Middle School, and approximately 1.9 miles northeast of Anna High School.
Zoning
- The Site is zoned MF-1 with an approved Development Agreement in place allowing for 180 units per the Concept Plan that was approved.
- As shown in the Concept Plan, there is a variety of 1-bedroom (72 units), 2-bedroom (68 units), and 3-bedroom (40 units) units with a minimum 10’ spacing required between buildings.
- Purchaser to verify zoning and uses allowed by the Site.
Population and Demographics
- Anna currently has a population of 23,558 residents and is expected to reach a population of 45,000 by 2030 according to the Dallas Morning News.
- Per Texas Realtors, the median price for a home in Anna as of early 2026 was $375,000.
- Within a five mile radius of the Site, the Median Household Income is approximately $108,110.
- According to CoStar, Build-to-Rent rent comps are achieving average effective rents up to $1.75 per square foot as of May 2026.
Listing Contacts
Listed by Vanguard Advisors LLC
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