Silver Lakes Dr, Sunset, TX 76270 - Wise County

2-Acre Lot in Silver Lakes Ranch Land for Sale in Wise County, TX

This 2-acre hilltop lot in the beautiful Silver Lakes Ranch community offers the perfect opportunity to build your dream home in a serene, picturesque setting. Located in Wise County, Texas, this property boasts a peaceful rural atmosphere while still being within easy reach of nearby cities and amenities.

Property Overview & Location:

Location: This lot is located just 25 minutes northwest of Decatur and only 4 miles west of Highway 101, making it a convenient drive to Sunset City and Chico. The property also offers easy access to Fort Worth, which is just over an hours drive away, ideal for those looking for rural living with access to city amenities.

Community: Nestled within Silver Lakes Ranch, this property offers access to a peaceful, rural community with low POA fees of just $300 per year. Taxes are also low, making this property an affordable long-term investment.

Lot Details: This 2-acre lot sits on a hilltop, offering scenic views of the property and the valley below. The lot is spacious, with plenty of buildable area both at the top of the hill near the street and at the bottom of the hill. It is located on a paved road and is not in a flood zone.

Zoning & Building Restrictions:

Zoning: The property is zoned for single-family homes only, ensuring a consistent residential neighborhood feel. Building restrictions apply to maintain the communitys aesthetic.

Restrictions: Mobile homes and permanent RV living are not allowed, although temporary RV stays are permitted for up to 2 weeks at a time. This ensures that the community retains its high standards while still offering flexibility for short-term use.

Key Features & Buildability:

Hilltop Views: The lots elevated location provides breathtaking views of the surrounding area, creating an ideal setting for a private retreat or a family home. The downhill slope adds to the propertys character and offers multiple possibilities for building, landscaping, and outdoor space.

Buildable Area: There is approximately 0.25 acres of flat, buildable land at the front of the property, making it ideal for constructing your home. The land has additional buildable space both in front of and behind the pipeline easement located at the back of the property. The easement is a key reason the lot is being sold below market value, offering a great opportunity for buyers looking to save on land costs.

Utilities & Infrastructure:

Water: The lot is large enough to support the installation of a water well and a septic system, though neither has been installed yet. Water can also be connected through the Property Owners Association (POA).

Electricity: Power is available nearby, with electric installation costing approximately $6 per foot from the nearest transformer.

Utility Cost Estimates:

Water (1-inch pipe): $3,151 (total cost including materials, impact fee, and application fee)

Water (2-inch pipe): $5,525 (total cost including materials, impact fee, and application fee)

Electric Installation: $6 per foot from the nearest transformer.

Affordability & Investment Potential: This buildable hilltop lot is being sold below market value, making it an excellent investment for both buyers looking to build their dream home and investors seeking a great value property. Land at this price is increasingly hard to find in the DFW area, and with the scenic location, easy access, and flexible zoning, this property offers endless possibilities.

Seller Financing Available: We offer flexible financing options, including a down payment of $5,000 and customizable monthly payments to suit your budget. Contact us today to explore financing terms that work for you!

Dont miss out on the chance to own this prime 2-acre lot in the beautiful Silver Lakes Ranch. For more information or to schedule a viewing, give us a call today!

GPS Coordinates: 33.430393019221256, -97.86117348555982