Exceptional ±16 acre hard corner located about 2.3 miles south of Hwy 380 in Farmersville on SH-78 at CR-555. Property has been cleared except for a few trees and a really old beautiful barn. This is a tremendous development opportunity. The property is in Farmersville’s ETJ but can be taken out if a property owner wants to. There is a MUD about 1 mile to the south that is in Farmersville's CCN, so It may be possible to connect to it for a high density development. This is also an excellent 1031 candidate as Farmersville is now experiencing growth as the neighbor to Princeton, which is the fastest growing city in the nation. The property is fenced and gated and has a water meter. The electric meter was pulled when the old house was removed. The planned 380 bypass is about a mile north and the new Lakehaven Subdivision is about 1 mile to the south.