4307 Lone Oak Rd

This 0.49-acre infill development opportunity in Green Hills, is positioned for two new-construction HPRs (buyer to verify). The lot is approximately 21,344 SF with 111 feet of frontage on Lone Oak Rd and an estimated 200-foot depth. Existing structure conveys as-is, with the property marketed and priced for land value only. Site topography reflects an approximate 6% grade, dropping roughly 12 feet from the street to the rear boundary, providing a manageable slope for modern two- or three-story products and facilitating drainage and rear-yard usability. Both adjacent parcels have already been redeveloped as HPRs, indicating favorable precedent for similar density and use on this tract. Within the past 7 months, newly constructed luxury HPRs within a 1-mile radius have fetched an average of roughly $2.125M, supporting strong exit pricing for well-executed luxury units at this location.