8620 Rodeo Drive, Cresson, TX 76035 For Sale

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.