6627 HALF ELM STREET, FRISCO, TX 75034
Homes for sale in Frisco.
Homes for sale in 75034.
6627 Half Elm Street
Frisco, TX 75034
List Price$175,000
Listing #21062123
About This Property
Commercial Development Opportunity in Frisco's Revitalized Rail District This small interior lot in the redeveloping Frisco Rail District presents an excellent opportunity for commercial development. Located just two blocks from Main Street, the property is zoned Original Town Commercial - OTC and has all necessary utilities in place. The City of Frisco is investing over $70 million in the Rail District redevelopment project, which is scheduled for completion in mid-2026. This large-scale effort includes: Wider sidewalks and decorative pavers to enhance walkability. A new public parking garage to accommodate increased traffic. A new 4th Street Plaza to serve as a public gathering space for community events. This significant public investment, coupled with initiatives like the Frisco Rail District Reinvestment Grant Program, creates a compelling opportunity for equity-based growth. For instance, the median home price in the downtown Frisco 75034 area has increased from $499,000 to $865,000 in the last five years, demonstrating the substantial equity gains already being realized in the area. This lot is ideal for a variety of commercial ventures. A live-work studio residence, with an office or retail space, is just one example of a use that provides added value as the old downtown redevelops. This property is perfect for investors looking to rent, stabilize, and sell or developers following the traditional develop and sell model, taking advantage of the area's ongoing transformation to attract a vibrant daytime and nighttime economy.
Property Features
Location Information
County
Collin
Subdivision
Frisco Original Donation
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Sewer Available, Water Available
Zoning
Commerical
Utilities
Sewer Available, Water Available
Road Description
City Street
Lot Description
Cleared, Interior Lot, Few Trees
Is One Story
No
Lot Size in Acres
0.075
Lot Description
Cleared, Interior Lot, Few Trees
Lot Size in Sq. Ft.
3,267
Additional Information
Year Built Details
Unknown
Status
Active
Property Type
COM
Tax Annual Amount
2468.0
Property SubType
Unimproved Land
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$815
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$630
Monthly Tax
$145
Monthly Insurance
$40
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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