Discover a rare investment property with excellent structural integrity (good bones) and prime potential, ideally located with high visibility off I-30. This property has been rezoned and approved for multi-family development, presenting an exceptional opportunity to bring a new residential community to a well-connected area. The property comes with city-submitted plans for a 71-unit multi-family development, allowing for a streamlined path from purchase to build-out. With proximity to major highways, commuters and residents alike will benefit from convenient access to nearby amenities and services. This is an ideal site for investors or developers looking to create a high-occupancy, modern residential community. Seize this opportunity to transform a well-positioned property with a promising foundation into a thriving residential asset in a high-demand location.
The median home value in Greenville, TX is $228,700. This is lower than the county median home value of $261,200. The national median home value is $338,100. The average price of homes sold in Greenville, TX is $228,700. Approximately 45.94% of Greenville homes are owned, compared to 46.04% rented, while 8.03% are vacant. Greenville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Greenville real estate agent to arrange a tour today!
Greenville, Texas 75402 has a population of 28,128. Greenville 75402 is less family-centric than the surrounding county with 25.97% of the households containing married families with children. The county average for households married with children is 31.31%.
The median household income in Greenville, Texas 75402 is $50,496. The median household income for the surrounding county is $61,053 compared to the national median of $69,021. The median age of people living in Greenville 75402 is 35.9 years.
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 33.2 degrees. The average rainfall is approximately 45 inches per year, with 0.9 inches of snow per year.