Paragon Realtors Real Estate

1251 N Houston School RoadLancaster, TX 75146Price: $2,100,000

  • Price: $2,100,000
  • Est. Mortgage of $/month
  • 14 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,100,000List Price
  • 10.7Acreage

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Listed by Destiny Conyers of Compass RE Texas,LLC. (305-219-0089)
Fully Approved 39-Lot Residential Development Opportunity in Lancaster, Texas Steel Hollows Addition is a fully approved, fully entitled, shovel-ready 39 lot single family subdivision.Spanning approximately 10.70 acres, 465,961 square feet, the project offers builders and developers a rare opportunity to acquire a ready-to-execute residential community in one of southern Dallas County's growing development corridors. The approved development package includes planned internal streets, proposed 8-inch water and sewer infrastructure, detention pond, drainage easements, utility easements, HOA-maintained open space, common-area landscaping, entry monument design, cedar fencing, and stone columns. Positioned near N. Houston School Road and approximately 926 feet from Belt Line Road, the site offers strong regional connectivity with access to nearby residential neighborhoods, employment corridors, and major infrastructure. The property is also exceptionally close to Google's new $600 million Red Oak data center, a major North Texas investment expected to support continued growth and long-term housing demand in the surrounding area. Google announced plans to invest more than $600 million in the Red Oak data center over multiple years. This offering is ideal for builders, developers, and investors seeking a fully entitled subdivision with major planning, civil, utility, drainage, and landscape components already planned.

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 4:39 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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