Exceptional investment and development opportunity offering approximately 4 acres with views of Lake Lewisville in desirable Shady Shores! Ideally positioned along S. Shady Shores Road, a designated minor arterial on the Town's Master Thoroughfare Plan, this property offers excellent frontage and long-term investment potential. Backing to U.S. Army Corps of Engineers land, the property features over 3 acres outside the 100-year floodplain, with city water and sewer available at the road frontage. Explore opportunities for residential subdivision, luxury lake-view homes, commercial, multifamily, or planned development, subject to zoning and municipal approvals. A rare opportunity for builders, developers, and investors seeking acreage in a highly desirable lakeside location. Existing structures have no contributory value; value is in the land. BRING ALL OFFERS! Shady Shores ETJ
Vacant landProperty Type
1954Year Built
4 acresLot Size
$312,500Price/Acres
Listed by Steven Horn• Keller Williams Prosper Celina
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Shady Shores Elementary School
Public PreK-5 • Assigned • 0.6mi
6/10
Lake Dallas Middle School
Public 6-8 • Assigned • 1.1mi
5/10
Lake Dallas High School
Public 9-12 • Assigned • 2.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
No known restrictions on the property
Exterior features
Lakefront frontage with Corps of Engineers shoreline
Water/lake view
Acreage setting (4 acres)
Driveway access from S Shady Shores Rd with address signage at drive (427 and 429)
Directions: I-35 to Swisher Rd, east on Swisher to Shady Shores Rd, turn left and go north; property is on the right just past Parkside Ln
Home design
Land property (unimproved)
Located inside city limits
Subdivision: N French
Parking
Driveway access from S Shady Shores Rd
Construction
Parcel originally associated with a 1954 structure (year built listed)
Parcel ID: R62106
Utilities
City water available
City sewer available
Not in a municipal utility district
HOA & community
No association
Financial info
Listing accepts Cash, Conventional, or Other financing
Listing is Active with Exclusive Right To Sell agreement
Original list price was $1,500,000; current list price $1,250,000
Other
Zoning described as Commercial, Multifamily, Single Family, Partial City (future uses may include commercial, multifamily, PD or residential); partial ETJ with no zoning
Will not subdivide
Agricultural exemption: No
Easements present (Other)
Electricity and solar
View estimated energy costs and solar savings for this home