This property is an excellent property for a retail development. It is along the west side of State Hwy 78, a six lane divided highway, at and south of FM 6. It is located across Hwy 78 from the new 200 acre LakePointe community currently under development for mostly single family homes. Adjoining that development is the Elevon Community, a mixed use development of approximately 1,600 acres that is in the planning stages, with the first phase currently under construction. Lavon is experiencing explosive growth as residential development continues with these and other developments in process. This increase in residential development is adding to the need for commercial/retail development to service the increasing population in the area.
The property may be divided and owner financing may be available until ready to develop.