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$2,137,500
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Property Description
Perfect estate build site in Lovejoy ISD is conveniently located within a short drive to Lake Lavon, area schools, upscale dining and local shopping. With easy access to Highway 75, you can enjoy your secluded property while retained excellent access to employment centers. Mature trees line the creek which runs along the western property line. Choose your own builder or hold the property for future build. There is no HOA and no deadline for beginning your build. This property is currently home to a radio tower and related equipment which will be removed. Horses will be allowed on this property and you may be able to subdivide the property with approval from the City of Lucas.
Full Property Details
Full Property Details for 492 W Forest Grove Rd
General
- Price: $2,137,500
- Taxes: $6,944
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21128798
- Updated: 12/11/2025
- Added to Site: 39 day(s) ago
Location
- County: Collin
- Subdivision: A0028
- Driving Directions: At Stacy Road at Hwy 75, travel East to Country Club Rd aka FM 1378 & turn right. Turn left onto Forrest Grove Road & follow it for about miles... Property will be on your left. See aerial for bearings. For reference, use 408 W Forrest Grove Road which is the home situated adjacent to the property.
School Information
- Elem School District: Lovejoy ISD
- Midd School District: Lovejoy ISD
- High School District: Lovejoy ISD
- Elementary School: Lovejoy
- Middle School: Willow Springs
- High School: Lovejoy
Utilities
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Commercial
Lot Features
- Lot Size (Acres): 5.722
- Lot Size (Sq. Ft.): 249,250.32
- Lot Size Source: Assessor
- Frontage: City Street, Asphalt
- Lot Features: Acreage, Agricultural, Back Yard, Cleared, Interior Lot, Irregular Lot, Lawn, Level, Few Trees, City Lot
- Potential Use: Residential, Unimproved
- Trees/Vegetation: Brush, Grassed
- Zoning: Current use is commercial radio tower which will be removed. Per city zoning map site is zoned agriculture.
Financial Considerations
- Tax Amount: $6,944
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: ABS A0028 CALVIN BOLES SURVEY, SHEET 3, TRACT
- Exclusions: Radio tower and related equipment.
- Disclosures/Rstr.: Easement(s)
- Property ID: R602800316601
- Block: 3
Listed by Delahn Realty, Melanie Brigante
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Schools
Schools serving 492 W Forest Grove Rd
School District:Lovejoy Independent School District
| Name | Grades | Distance |
|---|---|---|
Sloan Creek Intermediate School 440 Country Club Rd, Fairview, TX 75002 | 5-6 | 1.8 mi |
Joe V Hart Elementary School 450 Country Club Rd, Lucas, TX 75002 | K-4 | 2 mi |
Willow Springs Middle School 1101 West Lucas Road, Lucas, TX 75002 | 7-8 | 2.5 mi |
Lovejoy High School 2350 Estates Parkway, Lucas, TX 75002 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 492 W Forest Grove Rd
Date
Details
Price
Change
Source
12/10/2025
Listed
$2,137,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 492 W Forest Grove Rd
492 W Forest Grove Road, Lucas, TX 75002 (MLS# 21128798) is a Lots/Land property with a lot size of 5.722 acres. 492 W Forest Grove Road is currently listed for $2,137,500 and was received on December 10, 2025. Want to learn more about 492 W Forest Grove Road? Do you have questions about finding other Lots/Land real estate for sale in Lucas? You can browse all Lucas real estate or contact a Coldwell Banker agent to request more information.

