1001 Houston School RdLancaster, TX 75146

Property Details for 1001 Houston School Rd

Year built

1966

Lot size

11.25 AC

Property size (Sq ft)

2,036 SF

Zone code

Z257

Property type

Commercial land

APN

65120824010070000

APU

65120824010070000

Description

This exceptional 11.25-acre commercial land parcel presents a prime retail investment opportunity in the rapidly expanding city of Lancaster, Texas. Strategically located in Dallas County, the property boasts high visibility frontage on Belt Line Road (accessible from I-35) and Houston School Road (accessible from I-20), ensuring significant traffic exposure. The land is flat and free of floodplain and back taxes, with utilities readily available at the property boundary. Its advantageous position between a Walmart Supercenter and a Walmart Neighborhood Market guarantees high consumer traffic and strong retail potential. The current Planned Development (PD) zoning permits a wide range of retail uses, including but not limited to: offices, business or trade schools, business support services, financial services, restaurants, daycares, various retail shops (florists, beauty shops, pharmacies, etc.), grocery stores, personal services, dry cleaning, furniture stores, hardware stores, movie theaters, and more. While the city supports a variety of commercial uses, it's important to note that rezoning for multifamily, townhomes, or residential densities exceeding 1.6 units per acre is not permitted. This presents a unique chance to capitalize on the area's growth and establish a thriving commercial venture in a high-demand location. The property's size, location, and zoning make it an ideal site for a variety of retail developments.

• Alternative Use

  Use

  Valuation

  Residential

  $397,464

  Hospitality

  $364,075

  Educational

  $302,906

  Medical

  $313,324

  Retail

  $471,188

Location Insight

City

Lancaster

County

Dallas

State

Texas

Latitude

32.5935

Longitude

-96.8079

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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