0000 W Us 377 Highway, Cresson, Texas 76035

TX, Cresson
$10,295,000
  • 355 Acre
  • Land Property Type
  • Active Under Contract Status
Juan Carlos Cruz
Juan Carlos Cruz Texas Investment Properties
  • + 214-666-6062
  • Info@texasinvestment.properties
  • 15280 Addison Rd Suite 120 Addison
Property Description

Putteet Hill is a 626 acre subdivision that completed Phase 1 in 2022. Of the 97 – 2+ acre lots in Phase 1, 60% of them have already been sold. This gated community boasts concrete streets and underground utilities, providing a high-quality living environment. The average home price in the subdivision exceeds $1 million. Phase 2 is 355+ acres of land that can be developed residentially and commercially. The property has 3,890 feet more or less of frontage on Highway 377, making it an ideal location for various commercial ventures such as shopping centers, professional office spaces and schools. A Preliminary Plat for 2-acre home sites on the remaining 355 acres has been completed. Alternatively, a public water system is possible, which would provide additional density. Putteet Hill is poised to take advantage of the current growth of the Dallas-Fr Worth metroplex with the entrance to the Cresson bypass only 2 miles away.

Listing Information
  • List Agent Mls Id: 0301551
  • List Office Mls Id: JTM00GB
  • Listing Term: Cash,Conventional,See Agent,Submit
  • Mls Status: Active Under Contract
  • Modification Timestamp: 2025-03-12T17:32:31Z
  • Originating System Name: NTR
  • Special Listing Conditions: Builder Owned
  • Status Change Timestamp: 2025-03-12T12:32:18Z
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 20389118
  • Price: $10,295,000
  • Lot Area: 355 Acre
  • Status: Active Under Contract
  • Listing Status: Active Under Contract
  • Office Name: JTM-RE LLC
  • Agent Name: John Mercer
  • Property Sub Type: Unimproved Land
Features
  • Fence Gate, Barbed Wire
  • Utilities Electricity Available, Underground Utilities, Phone Available, Electricity Connected, Overhead Utilities, Sewer Not Available, Septic Available, Water Not Available
  • Sewer None, Aerobic Septic, Septic Tank
Address Map
  • Country US
  • State TX
  • County Hood
  • City Cresson
  • Subdivision None
  • Zipcode 76035
  • Street: US 377
  • Street Number: 0000
  • Street Suffix: Highway
  • Longitude: W98° 19' 52.8''
  • Latitude: N32° 29' 24.8''
  • Directions: From the Kroger at US 377 Hwy and Acton drive northeast 5 miles. The property is on the southeast side of US Hwy 377.
  • Street Dir Prefix: W
Neighborhood
  • Elementary School: Acton
  • Elementary School District: Granbury ISD
  • High School: Granbury
  • High School District: Granbury ISD
  • Middle School: Acton
Additional Information
  • Current Use: Agricultural, Cattle
  • Lot Features: Interior Lot, Acreage, Agricultural, City Lot
  • Possible Use: Agricultural,Cattle,Commercial,Development,Grazing,Horses,Hunting,Industrial,Investment,Livestock,Multi-Family,Mixed Use,Pasture,Place of Worship,Ranch,Residential,Recreational,Retail,Single Family,Subdevelopment
Financial
  • Association Fee Frequency: Other

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