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33768082
33768083

SWC HWY 377 & Old Grandbury Road, Cresson, TX 76035

SR
TX TX 615590
DUWEST
CJ
TX TX 744350
DUWEST
DUWEST
FS
TX TX719860
DUWEST
Listed by DUWEST
Unpriced
1 day on market
Updated 1 day ago

Cresson Multifamily

Details
Property Type Multifamily
Sub Type Apartment Building
Units 288
Acreage 16.216

Multifamily | 288 Units

Marketing description

Cresson Multifamily presents a remarkable opportunity for forward-thinking investors seeking a prime real estate asset in one of the fastest-growing regions in Texas. This ±16.216-acre parcel, strategically located at the hard corner of the new Highway 377 Bypass and Old Granbury Road, is already entitled for 296 multifamily units, offering a substantial density of 18 units per acre. The surrounding developments enhance its appeal, with the adjacent Brookside Residential Development poised to bring 876 lots to the market and the nearby Cresson Crossroads Residential Development set to add 1,220 additional lots.

As the demand for quality housing continues to soar in the area, bolstered by the over 2,000 single-family lots already under development, Cresson Multifamily stands out as a visionary investment opportunity. The combination of its advantageous location along a major thoroughfare and the burgeoning residential populace positions this property for outstanding rental potential and appreciation. Investors can seize the moment to capitalize on a flourishing market landscape, making this an unparalleled addition to any commercial portfolio.


Investment highlights

  • ±16.216 Acre Available - 288 Units of Multifamily already entitled (18 Units/Acre)
  • Hard corner location at the new Highway 377 Bypass
  • Adjacent to the new Brookside Residential Development with 876 lots and just across from the Cresson Crossroads Residential Development with 1,220 lots
  • There are more than 2,000 single family lots under development in the immediate area
  • Call for Info & Price

Listing Contacts

SR
TX TX 615590
DUWEST
CJ
TX TX 744350
DUWEST
DUWEST
FS
TX TX719860
DUWEST
Listed by DUWEST

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Additional Information

Name
Scott Rodgers
License
TX 615590
Brokerage Phone
2147200004
Name
Chris Janowski
License
TX 744350
Brokerage Phone
9728218182
Name
Steele Hungerford
License
816108
Name
Felix Saenz
License
TX719860
Brokerage Phone
214.720.0004
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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