New Construction - Adult 55+
Address
502 N Oakridge Drive, Hudson Oaks, TX
Price
$ 15,800,000
Property Attributes
  • MLS#20026498
  • TypeMulti-Family
  • CountyPARKER
  • CityHudson Oaks
  • NeighborhoodOakridge Acres North
  • Zip76087
  • StyleMultiple Single Units
  • Year Built2022
  • Taxes$ 5129
  • Price$ 15,800,000
  • Bedrooms93
  • Full Bathrooms55
  • Half Bathrooms0
  • Sqr Footage60000
  • Lot Size6.333 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

NEW CONSTRUCTION DEVELOPMENT OPPORTUNITY!! This over +55 planned development is a ready to go project consisting of 17 Triplexes, 2 Duplexes, Clubhouse, and swimming pool. Situated on 6.33 Acres in the heart of Hudson Oaks, conveniently located less than a mile away from Walmart, banks, restaurants, and shopping. This property is ready to pull permits and build! Builder is willing to build the project out completely, or you can buy the land, develop and build yourself, see MLS#20026162 for the land listing. There is already heavy interest on this property due to the rarity of the property and location so please don't waste time.

Price History
12/12/2023 Listed $15,800,000

General Features

Heating Central
Complex Name Oakridge Acres
Cooling Central Air
Utilities Asphalt,City Sewer,City Water,Community Mailbox
Possession Closing/Funding,Negotiable
Roof Composition
Appliances Dishwasher,Electric Range,Microwave
School District Weatherford ISD
Capitalization Rate 5.76
Pool Y/N Yes
Year Built 2022
Levels One
Unexempt Taxes 5129
Will Subdivide Subdivided
Gross Annual Expenses 225000.00
Property SubType Multiple Single Units
Subdivision Name Oakridge Acres North
Insurance Expense 45000
Occupant Type Vacant
County Parker
Operating Expense Includes Maintenance,Maintenance Grounds,Pest Control,Pool/Spa,Trash
Property Type Residential Income
Construction Materials Siding,Stone Veneer
Year Built Details Proposed
Accessory Unit Type Other
Accessory Unit YN Yes
HOA Type None
Special Notes Age-Restricted
# of Buildings 20
Status Active
Directions From I-20 Exit onto Hwy 180,Fort Worth Hwy heading west,turn right onto N. Oakridge Dr. property will be on your right at the corner of N. Oakridge Dr. and Red Eagle Trail.
City Hudson Oaks
Buyer Agent Compensation 2.00
Elementary School Name Seguin
High School Weatherford
Street Name Oakridge
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20026498
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,High Speed Internet Available
Total Units 55
Unit Count 2
Full Baths 20
Lock Box Type None
Street Suffix Drive
Total Bedrooms 93

Exterior Features

Lot Features Acreage,Corner Lot,Few Trees
Garage Length 22
Garage Width 13
Parking Features Garage
Lot Size 5 to < 10 Acres
Covered Spaces 55
Foundation Slab
Pool Features In Ground
Lot Size Area 6.3330
Number Of Parking Spaces 55
Lot Size Units Acres
Planned Development Oakridge Acres
Building Area Total 60000.00
Garage Y/N Yes
Lot Size Square Feet 275865.4800
Lot Size Acres 6.3330
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76087

Price
AVG $5.98M
$15.8M
Taxes
AVG $4,951
$5,129
Visits
AVG 328
762
Data Provided by Inside Real Estate®
Year Built
AVG 1998
2022

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