Development Agreement in place for zoning of multi-family & commercial. The Goldfield Ranch an exceptional trophy property with zoning density of 24 dwelling units per gross acre & commercial positioning similar to the Shops on Legacy in Plano. Spectacular 875' of frontage (with lake feature) on Swisher with equal amount of frontage on the new Point Vista Road extension to be built by Hickory Creek alone the south-side of the property. Hickory Creek is the epicenter of the Lake Cities community that include Lake Dallas,Shady Shores & Corinth. Residents are proud to be known as Lake-Dwellers even if they are not on the lake. Residents are highly social with the desire to work in the city but live at the lake.
Take I-35 north to Swisher Road (FM 2181). Turn left on Swisher to property approximately 1.5 miles west of I-35. Property on the left or South side of Swisher Road. It is the first vacant land on the left past Ronald Reagan Ave. ELR Commercial sign is on the property. 40 minutes NW of Dallas.
The approximate monthly Principal & Interest payment for this property would be $63,675. This payment is based on a 30-year loan at a fixed rate of 3.900 % with a down payment of $1,500,000. Actual lender interest rates and loan programs may vary. Use our Mortgage Payment Calculator to determine a more exact payment estimate.