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.
Lot/land
$600,000
5900 Ridgecrest Dr, Watauga, TX 76148
--beds
--baths
0.52Acres
Unimproved Land
Built in ----
0.52 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 8 days
- 34
- 2
Zillow last checked:
Listing updated:
Listed by:
Lance Pate 0550567 817-992-2971,
Merge Realty 817-992-2971
Source: NTREIS,MLS#: 21423100
Facts & features
Property
Lot
- Size: 0.52 Acres
- Features: Acreage, Subdivision, City Lot
Details
- Additional parcels included: 04433734
- Parcel number: 06083781
- Zoning description: plat approved for 6 residential lots
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Ridgecrest Add
HOA
- Has HOA: No
Location
- Region: Watauga
Financial & listing details
- Tax assessed value: $45,302
- Annual tax amount: $1,006
- Date on market: 10/29/2026
- Cumulative days on market: 9 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $600,000 |
Source: NTREIS #21423100 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,006 -1.4% | $45,302 |
| 2024 | $1,020 -1% | $45,302 |
| 2023 | $1,030 -6.3% | $45,302 |
| 2022 | $1,100 -2.9% | $45,302 |
| 2021 | $1,133 -53.8% | $45,302 -52.9% |
| 2020 | $2,454 +324.4% | $96,267 +325% |
| 2019 | $578 -4.3% | $22,651 -0.7% |
| 2018 | $604 -0.5% | $22,804 |
| 2017 | $608 -1.3% | $22,804 |
| 2016 | $615 +1.2% | $22,804 +0% |
| 2015 | $608 | $22,802 |
| 2014 | $608 | $22,802 +442.9% |
| 2002 | -- | $4,200 |
| 2001 | -- | $4,200 |
| 2000 | -- | $4,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 76148
Nearby schools
Schools provided by the listing agent
- Elementary: Hardeman
- Middle: Watauga
- High: Haltom
- District: Birdville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




