730 S Cherry Ln White Settlement, TX 76108
Estimated payment $2,902/month
About This Lot
This development opportunity in White Settlement presents a compelling prospect for investors and developers. Owned by the city's Economic Development Corporation (EDC), the site benefits from existing utility infrastructure and a strategic location near major employers like Lockheed Martin and downtown Fort Worth. The City of White Settlement envisions this parcel as a vibrant mixed-use development, combining retail spaces on the ground floor with residential units above. This concept aligns with the city's 2040 Comprehensive Plan, which emphasizes revitalizing commercial corridors and promoting mixed-use developments to enhance community engagement and economic growth. While the property has existing water and sewer lines, these systems are over 30 years old and may require modernization to meet current standards. Previously zoned for residential use, any shift back to residential or mixed-use zoning would necessitate approval from the Planning & Zoning Board and a re-platting process. There is a notable demand in the area for multi-tenant retail spaces and neighborhood grocery stores. For interested developers: Engage with the EDC, Consult Planning & Zoning: Review zoning requirements and begin the re-platting process if necessary. Assess Infrastructure Needs: Evaluate the existing utilities and plan for necessary upgrades. This opportunity offers a chance to contribute to the growth and revitalization of White Settlement, aligning with the city's vision for a dynamic, mixed-use community hub.
Property Details
Property Type
- Land
Lot Details
- 3.12 Acre Lot
- Zoning described as Commercial
Schools
- West Elementary School
- Brewer High School
Community Details
- Whitney Crossing Subdivision
Listing and Financial Details
- Assessor Parcel Number 43209681
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/13/2025 06/13/25 | For Sale | $450,000 | -20.4% | -- |
12/22/2023 12/22/23 | Sold | -- | -- | -- |
08/31/2023 08/31/23 | Price Changed | $565,000 | +7.6% | -- |
05/16/2023 05/16/23 | For Sale | $525,000 | 0.0% | -- |
05/03/2023 05/03/23 | Off Market | -- | -- | -- |
02/21/2023 02/21/23 | Price Changed | $525,000 | -8.7% | -- |
11/19/2022 11/19/22 | For Sale | $575,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20969744

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