221 Parkerville RdDeSoto, TX 75115

  • Commercial land
  • 10.00 AC
For Sale
$1,800,000 View listing

Property Details for 221 Parkerville Rd

Lot size
10.00 AC
Zone code
Z370
Property type
Commercial land
APN
65023466010360300
APU
65023466010360300

Description

This exceptional 10-acre parcel presents a remarkable opportunity for residential development in the thriving city of DeSoto, Texas. Located at 221 W Parkerville Rd, 75115, this property boasts a prime location near Hampton Road, offering convenient access to existing residential and commercial areas. Currently zoned Commercial-Vacant Plotted Lots/Tracts Single Family-10 (SF-10), this land is ideally suited for single-family home construction, allowing for lots of approximately 10,000 square feet. The property's size and zoning provide significant potential for a substantial residential development project. The seller is open to considering the sale of a 7-acre portion of the land, retaining 3 acres. This flexibility allows for various development scenarios to suit different investment strategies. Prospective buyers are responsible for verifying all pertinent information, including but not limited to, any restrictions, easements, utility availability, school districts, and the feasibility of their proposed use with the City of DeSoto. This is a rare opportunity to acquire a sizable, well-located tract of land in a rapidly growing area. The asking price for the entire 10-acre parcel is $1,800,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $85,037,080
    Hospitality
    $77,893,512
    Educational
    $64,806,484
    Medical
    $67,035,280
    Retail
    $100,810,088
221 Parkerville Rd, DeSoto, Texas

Location Insight

City
Desoto
County
Dallas
State
Texas
Latitude
32.5763
Longitude
-96.8611
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,287
$490,050
-
$490,050
-
$490,050
-
$490,050

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