5880 FM 2862 - Collin County Land Owner's/ Investor's Dream

With its breathtaking lake views, framed by rolling hills, the topography and character of this property is very unique to North Texas. Located in the ETJ of Anna, TX in the mushrooming growth sector of Northern Collin County, this 340-acre slice of paradise wraps around a spectacular 27-acre lake (private), boasting picturesque lakefront views. The 340-acre property is bounded by another 6-acre lake and meandering Sister Grove Creek to the south and over 3400 linear feet of frontage on FM 2862 compose its northern boundary. About the Parcels: Recently, we have divided the 340-acre property into 5 parcels (Parcels A, B, C, D, and E). The attached brochure includes details and pricing on each of the five parcels (including a Topo Map, showing the 100-year flood plain, and a survey) as well as an aerial photo of the property for additional reference. Note: Parcel B (54 acres) and Parcel D (103 acres) provide the most scenic lake-front views, and Parcel A (50 acres) and Parcel C (64 acres) have the FM 2862 Frontage (combined 3400 feet). FM 2862 is one of the more prominent thoroughfares in the area. Parcel E (69 acres) is mostly floodplain but does have about 6 to 7 acres of buildable land (perfect for an equine facility with pastures). About Anna Texas: Just read the attached article in the Dallas Business Journal. To paraphrase, Collin County is the 2nd fastest growing county in the USA, and The City of Anna is “booming” as the fastest growing city in Collin County (reportedly, 4th fastest growing city in the USA!)! And, our property is the largest contiguous tract in Anna (never mind the most scenic with a 27-acre lake)! Location Accessibility: CR 2862 is a blacktop road with easy access to the City of Anna and the newly expanded State Hwy 121. City of McKinney (including the expanding McKinney Airport) is just 17 minutes away! Central Dallas, DFW Airport, and The Star in Frisco are all about 45 to 55 minutes away (pending traffic of course). About Utility Access: 1. Access to Utilities: Excellent - city water and electricity currently run along FM 2862. Currently, the property requires septic tanks, since City of Anna sewerage hasn’t made it quite yet (sewage lines are still about 2.5 miles away). Another point as to the excellent investment avenue of this property. Property Taxes: Very low for DFW. The property is in the ETJ (Extended Territory Jurisdiction), so the homeowner doesn’t pay City school taxes (even though the property is in the celebrated Anna school district). Additionally the property currently has an Agricultural Exemption which would be easy to keep active by a future owner. We are looking forward to giving you and your client(s) a personal tour for them to see for themselves.