Vanguard Real Estate Advisors Represents Seller In Closing 6.44 Acre Development Site In Balch Springs
600 Edgeworth Drive
Building Size
6 SF
Asset Type
Development Site
Closing
Jan 21, 2026
AI
A 6.44+/- acre development site has been closed at 600 Edgeworth Drive in Balch Springs, TX. The asset is positioned in a market conducive to development activities. Vanguard Real Estate Advisors facilitated this transaction representing the seller.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: 600 Edgeworth Drive
- Market: Balch Springs
- Acres: 6.44
- Brokers: Jordan Cortez & Reid Pierce - Vanguard Real Estate Advisors
Vanguard Real Estate Advisors, known for its comprehensive real estate advisory and transactional services, represented the seller in this transaction. The firm specializes in Investment Sales, Joint Venture Equity Placement, Structured Finance, and Asset Management across various asset classes, based in Dallas, TX.
Players
Dallas Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93