Prime Opportunity in Meridian, TX
Prime 0.51 Acre Property in Meridian, Exceptional Residential Investment Opportunity
Discover this unique 0.51- acre parcel located in the heart of Meridian, TX. This property offers outstanding potential for residential development. Whether youre considering building a single-family home, a duplex, or even subdividing the land, this lot provides convenience and significant investment opportunities. Positioned on Cleveland St, with excellent access to major highways, including TX-22.
Highlights:
Subdividable Land: The property can be subdivided into two residential lots, enhancing its value as an investment. Purchase one lot, subdivide it, and sell the two lots separately at a higher price.
Duplex Potential: This property is well-suited for a duplex, which would do very well in Meridian. There are several other duplexes in Meridian that appear to be performing very well.
Additional...
Additional Residential Options: Depending on further approval, the land may also be suitable for a triplex or fourplex, offering even greater flexibility and return on investment. Any structure with four units or less remains under residential zoning, while five units or more would shift to commercial zoning.
Zoning: Single-Family Residential (SF-2), with the potential for multi-family residential use (call for details).
Easy Highway Access: Just off TX-22, ensuring smooth connectivity.
Prime Location: Located directly across from the post office, this property offers high visibility and convenience.
Utilities Ready: Water, sewer, and power lines are available, making development hassle-free.
Residential Development Opportunities:
This property is perfect for those looking to build within a stable, regulated environment under the Single-Family Residential District (SF-2) zoning. The land can support a single-family home, a duplex, or potentially a triplex or fourplex. After subdivision, two single-family homes/duplexes could be constructed, making this an ideal investment for homeowners or developers.
Proximity to Major Cities and Essential Services:
Located within city limits, this property is just a short drive from Waco, TX, only 54 minutes away, providing access to larger markets while enjoying the quiet and charm of Meridian. The closest small town, Morgan, TX, is just 9 minutes away, further adding to the convenience of this prime, small-town location.
Utilities and Services Ready for Connection:
All essential utilities are available and ready for connection through the city. Water, sewer, trash services, and power are easily accessible. This ease of utility connection minimizes the hassle and cost of setting up your new residence.
From elevation to owner history
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
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