Canyon Lake Ranch is located at 2950 FM 2181 in Corinth, Texas, just north of Lake Lewisville. The property combines a lakefront setting with access to major transportation corridors connecting Denton, Dallas, Fort Worth, and surrounding communities.
The Property, located just 15miles north of D FW Airport and adjacent to Lake Lewisville, is one of the largest residentially zoned, lakefront properties remaining in the area.
Originally entitled, platted, and designed for a unique luxury residential community consisting of 99 homes on +74.78 acres and 250,000 square feet of commercial development on 16.72 acres, this rare opportunity offers investors’ access to a lake-front development site in the rapidly growing submarket of Corinth, TX
A significant investment of over $14.5 million has been made into the Property to produce fully engineered plans, platted lots and infrastructure. However, with support and cooperation from the City of Corinth, developers could densify the Property and increase the total number of developable lots.
Additionally, the city has indicated that economic incentives may be available for the Property. The City of Corinth is bracing for greater economic development due to the recent investments from TXDOT and FHTA (totaling over $4.8 Billion) with improvements to Interstate 35E and other thoroughfares in the area
The Property affords developers the rare opportunity to acquire a unique “development ready” lake-front property located in one of the fastest growing housing markets in the country.
Positioned within the Dallas–Fort Worth metroplex, Canyon Lake Ranch offers convenient connections to nearby cities, employment centers, shopping, dining, recreation, and transportation.