O'Fallon MO Neighborhood .25 acre LOT! Ready to Build.
E Crestview Dr, O Fallon, MO 63366
Legal Description - OFALLON HILLS BLK 15 LOT 10
(Address not yet assigned with no current parcel on lot)
Wentzville School District!! Neighborhood Healthy Mix of New and Old Construction Homes
Asking only $49,500 - Act quickly!
Photos:
https://oem6vv.fh10.fdske.com/e/c/01jx0dc6r2a1yrm85p8prwtj3k/01jx0dc6r2a1yrm85p8vy8a3rp
Beautiful neighborhood and plenty of room to build!
Property Overview:
Location: O'Fallon, MO (Wentzville R-IV School District)
Size: .25 acres—ideal for a single-family home
Asking Price: $49,500
Investment Potential:
-Estimated Construction Cost: $260,000–$270,000 for a 1,500 sq ft ranch-style home
-Estimated Resale Value: $360,000–$380,000 in this desirable neighborhood
-Average Home Value in O'Fallon: $365,756, reflecting a 3.1% increase over the past year Zillow
Market Dynamics:
-Rapid Growth: O'Fallon is among the fastest-growing cities in Missouri, with a population increase of over 3%
between 2020 and 2023
-Top-Rated Schools: The Wentzville R-IV School District is consistently ranked among the top 20% in Missouri
-Strategic Location: Conveniently located at the crossroads of I-70 and I-64, offering easy access to St. Louis.
-Lot Acres: 0.241
-Lot Sq Ft: 10,500
-Lot Frontage: 75
-Lot Depth: 140
-Land Use - Universal: Residential Lot
-Land Use - County: Vacant Residential
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Estimated Cost to Build:
-1,500 Sq Ft Home: 260k-270k
*Estimated Resale Value for New Construction:360k-380k
Comps are in the photos above
BASIC INFO
A Residential Lot in O'Fallon MO. Ready to Build on. Neighborhood of *mixed - new construction and older homes*
-Lot Acres: 0.241
-Lot Sq Ft: 10,500
-Lot Frontage: 75
-Lot Depth: 140
-Land Use - Universal: Residential Lot
-Land Use - County: Vacant Residential
THE NUMBERS
Asking: $49,500
Estimated Cost to Build:
-1,500 Sq Ft Home: 260k-270k
*Estimated Resale Value for New Construction:360k-380k
PHOTO LINK
https://oem6vv.fh10.fdske.com/e/c/01jx0dc6r2a1yrm85p8prwtj3k/01jx0dc6r2a1yrm85p8vy8a3rp