7.55 Acres in Canyon, TX - $985,000

Madison Park Development

Offering 12 great lots off FM 2590 inside Canyon city limits. Access is city water/sewer is available and parcels sizes range from .59-.84 acres. As FM 2590 continues to grow, the traffic count will rise. As of 2022, the average daily traffic count is more than 6,000 and has grown since.

Current appraisal in hand for 1,500,000 retail value & a 1,175,000 bulk value. Respectively, this puts our list price at 65% of retail value & 84% of bulk value.

Lots will be priced at $3 per sq ft for bulk pricing & 3.75 per sq ft for individual lots. Investor/Builder deals can be make with a multi-lot purchases.