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$74,000
21133583 MLS
BUILDER & INVESTOR OPPORTUNITY! Affordable infill corner lot in the heart of White Settlement with a proven development concept. This approximately 0.10-acre lot is smaller than today's typical building site, and variances will likely be needed depending on the proposed home and site plan. The City has been consulted regarding the lot and has indicated a willingness to work with a buyer or builder through the site-plan and variance process. Bring your plan and explore what can work! The opportunity is backed by a recent nearby success: a similarly sized lot sold last year, was developed with a new home, and that home sold for approximately $325,000 within its first month on the market. 8707 Ronnie is a cleared, level corner lot with approximately 67.5' x 65.3' dimensions, existing curb-driveway cuts on both streets, and city water, city sewer and natural gas available. A residence previously occupied the property. Current R-6 zoning calls for a minimum 1,600 SF residence; final build size, setbacks and site plan are subject to City requirements and any necessary variances. Less than a mile from IH-820 with quick access to Fort Worth, shopping, dining and employment. Veterans Park and Central Park are nearby, adding recreation and green space to an established neighborhood seeing continued infill and redevelopment. At $74,000, this is an opportunity for a builder or investor willing to work through the site plan and create another successful infill project.

8707 Ronnie St, White Settlement

$450,000
20969744 MLS
This development opportunity in White Settlement presents a compelling prospect for investors and developers. Owned by the city's Economic Development Corporation (EDC), the site benefits from existing utility infrastructure and a strategic location near major employers like Lockheed Martin and downtown Fort Worth. The City of White Settlement envisions this parcel as a vibrant mixed-use development, combining retail spaces on the ground floor with residential units above. This concept aligns with the city's 2040 Comprehensive Plan, which emphasizes revitalizing commercial corridors and promoting mixed-use developments to enhance community engagement and economic growth. While the property has existing water and sewer lines, these systems are over 30 years old and may require modernization to meet current standards. Previously zoned for residential use, any shift back to residential or mixed-use zoning would necessitate approval from the Planning & Zoning Board and a re-platting process. There is a notable demand in the area for multi-tenant retail spaces and neighborhood grocery stores. For interested developers: Engage with the EDC, Consult Planning & Zoning: Review zoning requirements and begin the re-platting process if necessary. Assess Infrastructure Needs: Evaluate the existing utilities and plan for necessary upgrades. This opportunity offers a chance to contribute to the growth and revitalization of White Settlement, aligning with the city's vision for a dynamic, mixed-use community hub.

730 S Cherry Ln, White Settlement

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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