0 W US 377 Highway

Cresson, TX 76035
$10,295,000
355.00 acres | #20389118

Description

Putteet Hill is a 626 acre subdivision that completed Phase 1 in 2022. Of the 97 - 2+ acre lots in Phase 1, 60% of them have already been sold. This gated community boasts concrete streets and underground utilities, providing a high-quality living environment. The average home price in the subdivision exceeds $1 million. Phase 2 is 355+ acres of land that can be developed residentially and commercially. The property has 3,890 feet more or less of frontage on Highway 377, making it an ideal location for various commercial ventures such as shopping centers, professional office spaces and schools. A Preliminary Plat for 2-acre home sites on the remaining 355 acres has been completed. Alternatively, a public water system is possible, which would provide additional density. Putteet Hill is poised to take advantage of the current growth of the Dallas-Fr Worth metroplex with the entrance to the Cresson bypass only 2 miles away.

  • Property Details
      • Lot description:Acreage, Agricultural, Interior Lot
      • Acres:355.0000
      • Property type:Purchase
      • Utility features:Aerobic Septic, All Weather Road, Concrete, Electricity Available, Electricity Connected, Gravel/Rock, Overhead Utilities, Phone Availa
      • School district:Granbury ISD
      • Elementary School:Acton
      • County:Hood
      • MLS #:20389118
      • Cost:10295000
      • Property subtype:Unimproved Land
      • MLS #:20389118

Location

Rachel QuickleyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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