TBD Palamino Drive, Leonard, TX 75452

Prime Residential Development Opportunity – Leonard, TX. Excellent investment and development opportunity featuring 9.55 total acres comprised of five separate parcel numbers. The property has received preliminary plat approval for an 11-lot subdivision, with proposed lot sizes ranging from approximately 0.165 acres to 3.68 acres. Much of the heavy lifting has already been completed. The seller has obtained preliminary plat approval from the city and has begun infrastructure improvements, including installation of new water and sewer lines to the front of each proposed lot and road upgrades. Completion of the remaining construction items and approval by the City Engineer will allow for final plat approval and the ability to sell the lots individually. Projected subdivision sellout value is great upon completion, creating an attractive opportunity for developers, builders, investors, or land bankers looking for a project that is well underway. Ideally located just off US Highway 69 and...