If you’re ready to build, this may be the spot.
H2 Deerwood is back on the market.
And the math has changed.
This is the one-acre lot in Waterstone Estates northeast of McKinney. Minimum 3,500 square foot build requirement. Higher-end neighborhood. Custom home product.
If you’re a builder in Collin County, or an agent working with buyers looking for this type of area, you already understand the appeal.
The previous asking price was $308,900.
It’s now listed at $285,000.
At that number, it’s currently the best-priced lot in the subdivision.
That doesn’t suddenly make it “cheap.” That’s not the point.
Most serious lot buyers are not reacting emotionally to land right now.
They’re running numbers.
Interest rates being what they are, the monthly cost of a custom home is materially higher than it was a few years ago. The less somebody spends on the lot, the lower the overall project cost and the less money they have to borrow.
Also don’t ignore lot prep costs.
A heavily treed lot may look beautiful finished, but it can also cost substantial money to clear and prep before construction even starts.
This lot is flat, open, and straightforward.
That matters more right now than it did when money was cheap.
This is also one of those properties where the right buyer probably knows fairly quickly whether it fits or not.
You either need a build site in this type of area, or you don’t.
If you do, this one deserves another look.
Photos, aerials, and property details are below.
MLS #21278541
If you’d like to walk the lot, text me at 214.354.3583 and I’ll give you the gate code. Or have your agent reach out.
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