Paragon Realtors Real Estate

5900 Ridgecrest DriveWatauga, TX 76148Price: $600,000

  • Price: $600,000
  • Est. Mortgage of $/month
  • 4 Days on Market
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%
$/month over payments
Federal 30-year interest rate: 7.24% last updated on Oct 29, 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.
  • $600,000List Price
  • 0.52Acreage

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Listed by Lance Pate of Merge Realty (817-992-2971)
Approved 6-Lot Residential Development Opportunity - Watauga, Texas Exceptional opportunity for builders, developers, and investors to acquire a property with an approved six-lot plat in Watauga, Texas. This property offers the potential to develop six individual residential homesites in an established North Texas community. With the six-lot plat approved, this opportunity provides a valuable head start in the subdivision planning process. The property is well suited for a builder looking to construct new homes for resale or an investor seeking a small-scale residential development opportunity in the Dallas-Fort Worth metroplex. Conveniently located in the DFW market, the property offers access to major employment centers, shopping, dining, and regional transportation corridors. Development Highlights Approved six-lot plat Potential for six individual residential homes Opportunity for builders, developers, and investors Located in Watauga, Texas, within the DFW metroplex Potential to streamline the preliminary subdivision approval process Buyers should independently verify plat recording status, zoning, utility availability, infrastructure requirements, building permits, and all applicable development conditions with the City of Watauga. A great opportunity to bring a new residential development to the Watauga market.

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Based on information submitted to North Texas Real Estate Information Services as of November 1, 2026 4:16 PM EST. 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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