Whitney, TX 76692 Phase 2 Yellowstone Drive

Calling all developers! This is a very unique listing. The owner has a full set of development plans that will convey with this sale. There is approval from TxDOT for this project. The County has already approved the exiting three phase development and can be used for a quick turn time on breaking ground instantly. The lot next to this property was donated to Hilco from this owner and because of that there is full approval for all water meters and sewer. The best part is it’s right on Lake Whitney! If you are familiar with this area then you know it’s hard to find any property on Lake Whitney. From a developer standpoint you know all the hard work has been done with all the approval. You can break ground quickly and generate a great return with the plans that will convey. Call for more details and we can go over the extensive details of this wonderful development project! They can pay off the loan at any time but at 5yrs we have the option to renew the note at 4.75, increase interest rate to 2% below a 20yr home rate. The full 5 acres will remain on MLS and this will be listed separately and noted on the description of the two listings that are input in MLS. This portion of the land has not been approved as a separate subdivide from the five acre full partial. Call for details.