7 months on rocket

7237 E Parker, Lucas, TX, 75002

$5,999,000

25.11 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #20575949
Lot Size25.11 Acres
StatusActive

About 7237 E Parker

This extensive property package offers a compelling investment opportunity, featuring four parcels totaling 25 acres, each brimming with potential. Zoned SF-1 for one-acre lots, the land comprises seventeen (17) one-acre lots and two (2) 2+ acre lots, complete with city entitlements and approved site plans, positioning it as a premier investment opportunity. With its level topography and remarkable visibility, boasting approximately 600 feet of frontage along Parker Road, and supplemented by existing water and electrical services, the property provides an ideal canvas for development endeavors. In Lucas, where the median home price stands at $1.1 million as of April 2024, and properties are listed up to $5.3 million, the residential market flourishes, offering ample room for exploration. Delve deeper into this exceptional property through our video available on Crexi and LoopNet.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Central
  • Office Phone: (469) 467-7755
  • Listing Agent: Alex Acuna

Virtual/3D Tour

  • Virtual Tour: 7237 E Parker
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Lot Features

Lot Information:

  • Lot: Back Yard, Lawn, Pasture
  • Lot Size: 25.11 Acres

Other

Directions Information:

  • Directions: Use GPS - property is located at the intersection of E. Parker Road and MCcreary Road in Lucas.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,999,000
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Housing Market Comparison

See how this home compares to others in Allen, TX.

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Allen, TX

City

Med. List Price

$553.8K

Med. Price/SqFt

$230

Avg. Days On Market

70

# of Sold Homes

82

7237 E Parker vs Allen

234 DAYS ON ROCKET

+164 Days

$5,999,000

+$5.4M More

KEY TAKEAWAY

This property is $5.4M more than the Median List Price in Allen, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20575949

Listing Office:

  • Office Name: Keller Williams Central
  • Office Phone: (469) 467-7755
  • Listing Agent: Alex Acuna

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$30K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-627981
10
/10

  • Smith Elementary School

  • 2221 FM 1378

  • 1.40 miles

  • Public District Grades PK-4

school-card-donut-627982
9
/10

  • Hunt Elementary School

  • 415 Oriole Dr

  • 2.00 miles

  • Public District Grades KG-5

school-card-donut-627983
7
/10

  • Groves Elementary School

  • 1100 McCreary Rd

  • 2.16 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,625. Most Allen, TX residents have annual incomes between $100k-200k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7237 E Parker

What is the listing price of this property?

The listing price of 7237 E Parker property is $5,999,000.

What type of property is this?

The property 7237 E Parker is land located in Lucas, Texas, 75002.

Is this property for sale now?

Active Listing: 7237 E Parker is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 7237 E Parker is 25.11 acres.
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Rocket Homes›Texas›Collin County›Allen›75002›7237 E Parker

This home is located at 7237 E Parker in Lucas, TX and zip code 75002. This home sits on a 25.11 acre lot. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $5,999,000.

The number of listings in Allen, TX increased by 2.3% between September 2024 and October 2024. In October 2024 median list price was $553,888 and the average listing age was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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