Asphalt Roads and Overhead Electric Utility Lines

[Howard Mintz]

I am considering the purchase of a 32 acre parcel of raw land just east of Dallas. The land is flat, and totally cleared as it is begin used for hay production. The parcel comes off of a extra territorial road maintained by the county, and it is asphalt. I have read the county requirements and it sounds like I could probably place 15 parcels on the land but I would need to build a road consisting of 6 inches of gravel and two layers of asphalt. The lot is very long. It does not have a sewer system. I would need to have right of way for utilities, but water and electric are at the front of the parcel. Any ideas as to what the cost of a asphalt road per linear foot, thinks 20 feet by 1200 feet? Minimum parcel will definitely need to be 1 acre because it will need septic. Also, there are overhead electric utilities at the back of the parcel. Any ideas about how to effectively use this area?