Jordan Cortez Mason John Will Droese Of Vanguard Real Estate Advisors Procure 207 Acre Development Site In Nevada Texas
County Road 637
Building Size
9,016,920 SF
Asset Type
Development Site
Closing
Jun 10, 2025
AI
A 207+/- acre residential development site has been closed, located along County Road 637 in Nevada, Texas, within Collin County. The transaction involved a development site and was facilitated by Vanguard Real Estate Advisors, representing the buyer in this deal.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: County Road 637, Nevada, TX
- Asset Size: 207+/- acres
- Buyer's Representative: Jordan Cortez, Mason John & Will Droese - Vanguard Real Estate Advisors
The representation of the buyer was managed by Jordan Cortez, Mason John, and Will Droese, who are associated with Vanguard Real Estate Advisors. The firm specializes in a wide range of real estate services, including Investment Sales, Joint Venture Equity Placement, Structured Finance, and Asset Management on a national scale from its headquarters in Dallas.
Players
Nevada Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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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