Rare opportunity to own a versatile corner, buildable lot located on the Northwest corner of the roundabout at Angel Street and Smith Lane. Enjoy a convenient location with quick freeway access and close proximity to shopping, schools and everyday amenities. Utilities are ready for development with water, sewer, gas and electric stubbed to the property. This property offers the freedom of NO HOA and NO CCR's. Zoned for residential and light agricultural, the lot allows horses and provides a unique setting with a stream running though the property. A portion of the lot is located in a flood zone due to the stream. Secondary water is available through pressurized irrigation system. The potential to build a home with a basement may exist depending on building site and city approval. Buyers are encouraged to verify all building requirements and flood zone information. This is an excellent opportunity to build your dream home!