Auction Information
$1 Auction 6 Acre Residential Parcel | $132K AHHI | Dallas MSA
RI Marketplace Online Auction Feb 10-12, 2024
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Marcus & Millichap and RI Marketplace are pleased to present a 6-acre vacant land parcel located at 600 Lake Ridge Parkway (Property) in Cedar Hill, Texas. The Property offers an exceptional investment opportunity via development and first bid meets reserve! The Property is currently zoned Planned Development District-Estate Single Family Dwelling District (PDD-Estate). The PDD-Estate zoning classification allows for dwellings with a minimum living area of 2,000 square feet and minimum lot area of one acre. Due to zoning allowances, the parcel has the opportunity to be subdivided up to 6 individual parcels.
Lake Ridge is an upscale residential community within Cedar Hill, Texas, located in the southern Dallas/Fort Worth Metroplex approximately 20 minutes from downtown Dallas, 30 minutes from DFW internation...
Lake Ridge is an upscale residential community within Cedar Hill, Texas, located in the southern Dallas/Fort Worth Metroplex approximately 20 minutes from downtown Dallas, 30 minutes from DFW international airport, and 40 minutes from downtown Fort Worth. Known for its large custom homes, scenic views, and proximity to Joe Pool Lake, Lake Ridge offers a blend of luxury living and natural beauty. The community attracts affluent residents seeking a serene lifestyle while remaining within commuting distance of downtown Dallas, approximately 20 miles to the northeast. Cedar Hill lies just 5 minutes from Hwy 67 and Hwy 360, allowing residents easy access to I-20 and I-35 for commuting to both Metroplex downtowns and Arlington. Cedar Hill itself is experiencing steady growth, driven by its robust retail sector, access to top-tier schools, and abundant recreational opportunities, including the nearby Cedar Hill State Park. Residents have access to major shopping, dining, and business establishments within 5 miles of the community including the booming retail centers of Uptown Village in Cedar Hill and Grand Prairie Premium Outlet Center. The Property is located in an affluent area with an average household income of $132,510 within a 3-mile radius and a population of 89,625 residents and an average household income of $114,266 within a 5-mile radius.
Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344
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