0000 W Us 377 Highway, Cresson, 76035, TX

$10,295,000

0 Bed
0 Bath
355 Acres
0 Garage

Putteet Hill is a 626 acre subdivision that completed Phase 1 in 2022. Of the 97 - 2+ acre lots in Phase 1, 60% of them have already been sold. This gated community boasts concrete streets and underground utilities, providing a high-quality living environment. The average home price in the subdivision exceeds $1 million. Phase 2 is 355+ acres of land that can be developed residentially and commercially. The property has 3,890 feet more or less of frontage on Highway 377, making it an ideal location for various commercial ventures such as shopping centers, professional office spaces and schools. A Preliminary Plat for 2-acre home sites on the remaining 355 acres has been completed. Alternatively, a public water system is possible, which would provide additional density. Putteet Hill is poised to take advantage of the current growth of the Dallas-Fr Worth metroplex with the entrance to the Cresson bypass only 2 miles away.

Essential Information
MLS® #20389118
Price$10,295,000
Bathrooms0.00
Acres355.00
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address0000 W Us 377 Highway
SubdivisionNone
CityCresson
CountyHood
StateTX
Zip Code76035
Utilities

Aerobic Septic, All Weather Road, Concrete, Electricity Available, Electricity Connected, Gravel/Rock, Overhead Utilities, Phone Available, Septic, Underground Utilities, No Sewer, No Water

Lot Description

Acreage, Agricultural, Interior Lot

School Information
DistrictGranbury ISD
ElementaryActon
MiddleActon
HighGranbury
Zoning

Rural Residential City of Cresson

Listing Details
AgentJohn Mercer
OfficeJTM-RE LLC
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Listing information last updated on April 28th, 2024 at 3:30pm CDT.