📊2490 W Henderson St, Cleburne TX

Property Overview :

• Address: Henderson St, Cleburne, TX 76033

• Size: 107.32 Acres

• Zoning: Approved for Single Family Residential

• Potential: Up to 350 lots at 7,000 sq ft each

• Terrain: Level – ideal for immediate development

• Location: Prime growth corridor in Johnson County

💰💰Deal Structure

• Purchase Price: $5,995,000

• Contracted Direct from Seller

• Clean title & escrow via Patten Title (Kristin Blay)

• Buyer to pay all closing costs

• Assignment Fee included in pricing

🏗🏗 Subdivision Scope

• Lot Count: Up to 350 residential lots

• Lot Size: Minimum 7,000 sq ft per lot

• Utilities: Accessible – Electric, Sewer, & Water available

• Estimated All-In Development Cost per Lot: $45,000

• Project Type: Master-planned residential community

📈📈Financial Outlook

• Purchase Price: $5,995,000 • Total Estimated Development Cost: $15,750,000 (350 x $45,000)

• Total Investment: $21,343,425 • Projected Sales Revenue: $29,750,000 (350 x $85,000/lot)

• Net Profit: ~$8,406,575 • ROI: ~39.39%

🌟🌟Why This Site?

• Level terrain = reduced grading costs

• Strong market demand in Cleburne & Johnson County

• Ideal for builders, developers, or investment groups

• Rapidly growing submarket with infrastructure expansion

• Amazon is building their new 1 million sq ft facility in Cleburne, TX - 5 minutes from here