505 Greenville Ave Allen, TX 75002

This exceptional 6-acre residential development site is ideally situated in the heart of Allen, Texas, on Greenville Avenue between McDermott and Bethany Roads—just 1.5 miles east of the Central Expressway. Currently zoned R2, this property presents a compelling opportunity for townhouse or other medium-density single-family residential development. The entire parcel originally comprised 9 acres; however, the seller is retaining the northern 3.1 acres, making this a clean 6-acre offering. All existing structures have been removed, simplifying the development process. The property's prime location within Allen's thriving community offers excellent access to major thoroughfares, amenities, and a strong local market. While the current R2 zoning allows for a certain level of density, developers seeking higher density projects should factor in the potential need for rezoning. This infill location provides a unique opportunity to capitalize on the high demand for residential properties in this desirable area of Collin County. The property's size and location make it an attractive investment for developers seeking a prime location to build a thriving residential community. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a sizable, cleared development site in a highly sought-after location.