7.2 Ac Residential assignment contract, DALLAS DISCOUNTED!
3145 & 3141 Gregg Lane, Dallas 75241
Residential, Investment, Development
Assignment contract (selling equitable interest) offered for this 7.2 ac wooded unimproved lot located 9.5 miles south of Dallas City center, surrounded by residential homes, schools and amenities. These lots are the perfect location to develop residential housing. Approx 0.5ac is not on a floodway and road to be completed in front of the lot. Currently zoned R7.5 suggesting subdivision could be done to accommodate multiple developments/properties if it’s possible to raise the back out of the floodway. Subdivide and sell the lots, or develop low cost housing for a profit on the front 0.5ac. Steep drop from front 0.5 ac to the back 6.7ac that is on the floodway. Receive the entire 7.2ac for the price of the 0.5ac not in the floodway! The property is 230 feet east of Gregg lane road, currently with no direct road access, with a future planned extension of Gregg lane in city planning maps.
Sales/listing comparable in the area suggests a market value of $400k+. This lot is greatly discounted and listed far below market value for a quick cash sale and to accommodate costs related to development. Price includes assignment fee payable to wholesaler at closing.
Disclaimer: Please do your own due diligence. All properties offered are either owned by Churn Investments, LLC, under contract and selling equitable interest, or offered in conjunction with a business associate. Land is sold as-is, and buyer is to pay all closing costs. Price based on a cash or hard money offer. We respond immediately to an offer. Always take caution when viewing unimproved land. All visits to subject property is at visitor’s own risk Neither the Owners, Churn Investments LLC nor their Representatives or Agents are liable for any loss or damage to any guest, visitor, employee or any person’s property, nor for injury or death of any guest, visitor, employee or any person.
For zoning standards click here,for zone chart click here
Churn Investment LLC
847 Sumpter Road458
Belleville MI 48111
Tel: +1 313 915 5596
Email Us: Click Here