Over 37 Acres on US HWY 380 (W University Dr) in a very high traffic area of one of the fastest growing areas in the United States. Approximately 758 feet of US highway frontage. Great potential in rapidly growing commercial area. Close to recently built Baylor Scott White Hospital of McKinney with many major entities under development on nearby land. Property is being taxed at AG rate but will be subject to rollback tax due to change of use. Buyer to verify and pay rollback taxes at closing. Lots of possibilities for this high profile plot.
From US 75 go West 2 miles on HWY 380 Property is on the left between Terry and Bois D Arc
The approximate monthly Principal & Interest payment for this property would be $68,251. This payment is based on a 30-year loan at a fixed rate of 3.940 % with a down payment of $1,600,000. Actual lender interest rates and loan programs may vary. Use our Mortgage Payment Calculator to determine a more exact payment estimate.