703 E WHITE STREET, ANNA, TX 75409
Homes for sale in Anna.
Homes for sale in 75409.
703 E White Street
Anna, TX 75409
List Price$1,450,000
Listing #20808881
About This Property
Discover an exceptional investment opportunity with approximately 4.18 acres of commercial land in a highly sought-after location in Anna, Texas. Situated on White Street, this property offers unmatched convenience, being just 5 minutes from Walmart and US-75, making it an ideal spot for future growth. The property includes a 1,313 sq. ft. home, which is in decent condition and currently rented out to a tenant. The lease will be transferred to the new owner. However, the value of this property lies in the land, not the house. City-Approved Concept Plan: A thoughtfully designed concept plan featuring over 42,000 sq. ft. of commercial space has been approved by the City of Anna. The plan accommodates Restaurants, Retail, and Office Spaces, ensuring a vibrant, multi-purpose development. Residential Growth: Located directly across the street, Leonard Trails, a new single-family home community with approximately 500 homes, is under development. Massive Regional Development: The area is set to boom with a significant development spanning 1,100+ acres planned along East White Street. Infrastructure Upgrades: A four-lane road has already been approved for White Street, enhancing accessibility and ensuring excellent traffic flow to the property. Pre-Construction Advantage: The seller is offering to share all pre-construction work and resources with the new owner, streamlining the path to development. The Future Land Use Plan identifies this property as Downtown. Within the Downtown Master Plan, it is classified as Transitional Development, allowing for commercial construction in accordance with the city's zoning ordinance. Being part of Anna's Downtown Jurisdiction, the property comes with added construction benefits, making it even more attractive for developers. This prime parcel of land is perfectly positioned to capitalize on Anna's rapid growth and increasing demand for commercial spaces. Don't miss the chance to be part of this thriving community's expansion.
Property Features
Location Information
County
Collin
Subdivision
G M Surv Abs #559
Interior Features
Has Fireplace
No
Cooling
Central Air, Electric
Heating
Central, Electric
Exterior Features
Water / Sewer
Electricity Connected, Sewer Available, Water Available
Zoning
Multi-usu-commercial/office space/retail
Utilities
Electricity Connected, Sewer Available, Water Available
Development Status
Other
Lot Description
Acreage
Road Description
County Road, Private Road, Asphalt
Lot Size in Acres
4.184
Is One Story
No
Lot Size in Sq. Ft.
182,255
Lot Description
Acreage
Current Use
Commercial
School
Elementary School District
Anna ISD
Jr. High School
Anna
Elementary School
Judith Harlow
High School
Anna
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Improved Land
Tax Annual Amount
2738.0
Year Built
1966
Lot Acres Source
Assessor
Status
Active
Similar Listings
Mortgage Calculator
$6,771
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,225
Monthly Tax
$1,208
Monthly Insurance
$338
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
Real Estate IDX Powered by iHomefinder
