Tyler, TX 75701,3980 McDonald Road
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Monarc Realty

Monarc Realty

Monarc Realty

+1(972) 634-0400
$ 2,950,000
Est. payment /mo
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Active

3980 McDonald Road Tyler, TX 75701

18.96 Acres Lot


UPDATED:

08/27/2024 04:15 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Texas Student Housing Addn

MLS Listing ID 20424010

HOA Y/N None

Lot Size 18.960 Acres

Acres 18.96

Property Description

Land for sale in south east Tyler. The best use of this property would be for multi-family residential development, perfect for student housing at only 0.3 miles from UT Tyler.

According to the City of Tyler’s Unified Development Code, the maximum density allowable for the subject property would be 455 units. If specific reliance is required, confirmation from the City of Tyler’s Planning and Zoning Department should be acquired.

Dirt work is substantially completed.
City Services Available.
Approximately 0.3 miles from UT Tyler.
Chapel Hill ISD.

Location

State TX

County Smith

Zoning PMF - Planned Multifamily

Direction From the intersection of Old Omen Rd and McDonald Rd., head east on McDonald Rd. In about 0.37 miles, property will be on the left at the end of McDonald Rd.

Exterior

Utilities Available City Water, Electricity Available, Sewer Available

Garage No

Building

Lot Description Acreage, Cleared, Interior Lot, Irregular Lot

Schools

Elementary Schools Chapelhill

Middle Schools Chapelhill

High Schools Chapelhill

School District Chapel Hill Isd

Others

Restrictions None

Ownership WESTMERE CAPITAL LLC


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Matthew Marshall • Drake Real Estate & Investment

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Monarc Realty

+1(972) 634-0400

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3980 McDonald Road