11 months on rocket

TBD Parker Hill Rd, Palmer, TX, 75152

$2,553,675

64.65 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #20515786
Lot Size64.65 Acres
StatusActive

About TBD Parker Hill Rd

Nestled at the intersection of Interstate Highway 45 Palmer and Parker Hill Road, this expansive 64.650-acre property stands as a beacon of opportunity for investors and developers alike. Boasting a strategic location with direct access to I-45, holds immense potential for various commercial ventures and serves as a canvas for future residential development. As commercial property, the possibilities are vast. Envisioning retail centers, office complexes, or hospitality establishments. Beyond its current commercial designation, holds promise for future residential development. The expansive acreage provides ample space for crafting a thoughtfully planned residential community, creating a harmonious blend of convenience and comfort. Surrounded by natural beauty and panoramic views, this land offers a picturesque setting for both commercial and residential purposes. The integration of green spaces and landscaping possibilities adds aesthetic value to the overall development potential.

Property Details

Property Features

Listing Office:

  • Office Name: RE/STAR LLC
  • Office Phone: (214) 455-7623
  • Listing Agent: Venkat Gottipati

Virtual/3D Tour

  • Virtual Tour: TBD Parker Hill Rd
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Lot Features

Lot Information:

  • Lot Size: 64.65 Acres

Other

Directions Information:

  • Directions: Go on Hwy 45 south and take Parker Hill road exit. Take a left at the bridge and the land is on other side of the service roadd beside gas station.Also all the road frontage on Parker hill behind the gas station

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,553,675
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Housing Market Comparison

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

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Palmer, TX

City

Med. List Price

$354K

Med. Price/SqFt

$196

Avg. Days On Market

108

# of Sold Homes

3

TBD Parker Hill Rd vs Palmer

337 DAYS ON ROCKET

+229 Days

$2,553,675

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median List Price in Palmer, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20515786

Listing Office:

  • Office Name: RE/STAR LLC
  • Office Phone: (214) 455-7623
  • Listing Agent: Venkat Gottipati

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: 12/22/2024, 3:21:00 AM 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

$12.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,723

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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-858018
7
/10

  • Palmer Elementary School

  • 303 Dick St

  • 3.08 miles

  • Public District Grades PK-3

school-card-donut-858019
6
/10

  • Austin Elementary School

  • 1500 Austin Dr

  • 4.20 miles

  • Public District Grades 1-3

school-card-donut-858020
5
/10

  • Travis Elementary School

  • 200 N Shawnee St

  • 4.84 miles

  • Public District Grades 1-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,688. The most common annual income of people living in Palmer, TX is between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD Parker Hill Rd

What is the listing price of this property?

The listing price of TBD Parker Hill Rd property is $2,553,675.

What type of property is this?

The property TBD Parker Hill Rd is land located in Palmer, Texas, 75152.

Is this property for sale now?

Active Listing: TBD Parker Hill Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property TBD Parker Hill Rd is 64.65 acres.
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Rocket Homes›Texas›Ellis County›Palmer›75152›TBD Parker Hill Rd

This home is located at TBD Parker Hill Rd in Palmer, TX and zip code 75152. This home sits on a 64.65 acre lot. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $2,553,675.

The number of homes for sale in Palmer, TX decreased by 7.7% between October 2024 and November 2024. In November 2024 median list price was $354,000 and the average listing age was 108 days.

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

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