703 E WHITE STREET, ANNA, TX 75409

Homes for sale in Anna.

Homes for sale in 75409.


703 E White Street

Anna, TX 75409

Status of the property has changed, please contact for details

List Price$1,450,000

Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20808881

4.18

Acres

Lots / Land

Type

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

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