Listing provided courtesy of Younger Partners Dallas, LLC- MLS# 20466460MLS ProviderContact Information: Jennifer Permenter - 214-238-8000

10616 County Road 506Venus, TX 76084

Vacant Land · 144.46 Acres
$7,656,380 Pending

10616 County Road 506 Overview

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The Mansfield-Venus-Midlothian submarket has been transformed over the past two years by industrial, residential, and retail developers and the momentum shows no signs of slowing. This property is in the path of growth coming from the developments to the east along 67 and 287. Now is a good time to enter into this submarket while property values continue to rise, though land still remains significantly more affordable than property most all other areas of North Texas. Roughly 22 miles from the CBDs of Fort Worth and Dallas, and also the DFWIA, this 144 acres in Venus ETJ is a hidden gem within the Metroplex. The property has electricity and water, the City of Venus is in the engineering stages of installing a large sewer line along US 67 which will be .5 miles from this property. This 144 acres was one of two parcels totaling 263 AC, the 118 acre parcel sold. This 144 is available along with 62 acres to the east of it, totaling 206 acres.

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10616 County Road 506 Facts & Features

  • Type Vacant Land
  • Lot 144.46 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Venus ISD
  • Elementary School: Venus
  • Middle Or Junior School: Venus
  • High School: Venus

Business Information

  • Current Use: Agricultural

Location/Region

  • Country: US
  • County Or Parish: Johnson
  • Subdivision Name: NA

Tax Information

  • Tax Annual Amount: 396.0

General Information

  • Parcel Number: 126.0092.00011
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Special Listing Conditions: Standard

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural,Few Trees
  • Lot Size Acres: 144.46
  • Lot Size Area: 144.46
  • Lot Size Square Feet: 6292677.6
  • Lot Size Units: Acres
  • Road Surface Type: Concrete
  • Water Source: Community/Coop

General Information

  • Road Frontage Type: County Road,All Weather Road
  • Utilities: Electricity Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

10616 County Road 506 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

10616 County Road 506 Market Data

Based on the last 30 days in this zip code

$499,705
Average List Price
$190
Average Price per Square Foot
31
Properties Sold
392
Average Days on Market
424
Properties for Sale
Calculations provided by Reliance Network


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