6602 FM 179, Wolfforth, TX

Land for Sale - $3,754,045 - 24 acres


Agent Info

Scott Womack
Coldwell Banker Commercial Capital Advisors

Property Info

CIMLS#1150357
Location
  6602 FM 179
  Wolfforth TX 79382
UpdatedOctober 23rd, 2023
TypeLand
Price$3,754,045
Land24 acres

Property Description

24.98-acre tract of land located in the city limits of Wolfforth, Texas, Legend Hills has been pre-engineered and a preplat for residential and commercial development has been approved by the City of Wolfforth. The tract can accommodate a 11.05-acre tract (Tract D) for retail shopping center development with one five-acre tract to the south also available for commercial development. The purchaser will be responsible for filing the final plat with the City of Wolfforth, but all of the engineering and pre-plat work will be transferred to the purchaser upon closing.

Water is currently installed on FM 179, but will have to be extended to Legend Hills and sewer service can be available through the installation of a pump station near the southeast corner of the development. It may be possible to secure participation in the cost of the lift station with adjoining property owners or the City of Wolfforth (in exchange for underground water rights).

Additionally, a water channel across the 11.05-acre tract with box culvert at 66th & FM 179 will be required for commercial development.


Financials



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