Description
5.3-acre lot just off hwy i-20 e in the city of terrell. the property is located in tax increment reinvestment zone no.1 opening up the opportunity for tax incentives for developers. positioned to maximize visibility and accessibility for businesses with txdot's planned connection of a frontage road in front of the lot. current zoned agricultural for tax purposes, this parcel holds promise with its future use designation as a traditional neighborhood. city has confirmed that this property falls within the commercial corridor, making it eligible for commercial zoning, opening up possibilities for commercial ventures. lot is close terrell crossroads and outlet shopping center. this prime location presents a rare chance to capitalize on terrell's growth trajectory, offering a strategic position within the commercial corridor and opportunities for investment and development. whether envisioning a commercial enterprise, residential project, or a blend of both in a rapidly evolving area. seller will consider owner financing dependent on terms and conditions.
Property Type
LandSubdivision
Amazing Grace EstatesCounty
KaufmanStyle
LandAD ID
45812254
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Property Details
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Interior Features
Utilities
- None
Cooling Features
- None
Heating Source
- None
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Property / Lot Details
Lot Information
- Lot Size (Acr): 5.3000
- Lot Size Units: Acres
- Lot Size Square Feet: 230868.0000
- Lot Size Source: Public Records
- Lot Features: Acreage,Agricultural,Many Trees,Other
Property Information
- Property Type: Land
- Property Sub Type: Unimproved Land
- Subdivision: JNO C HALE
- City: Terrell
- State: Texas
- Directions: Property does not have physical address yet, Map to 320 FM 2578 Terrell TX, subject property is SE of Kingdom Hall on road that splits off to the right when heading SE on 2578
- Property Status: Active
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Listing Information
Listing Price Information
- Original List Price: $795,000
Listing Information
- Possession: Closing/Funding
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Taxes / Assessments
Tax Information
- Parcel Number: 7619
- Tax Legal Description: JNO C HALE, TRACT 385.00; 5.3 ACRES
- Unexempt Taxes: $4,312
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- HOA Type: None
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School, Utilities & Location Details
School Information
- Elementary School: Gilbert Willie, Sr.
- Middle School: Furlough
- High School: Terrell
- School District: Terrell ISD
Utility Information
- Utilities: None
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BuyOwner last updated this listing 12/23/2024 @ 00:06
- MLS: 439233915
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 5 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Terrell , in zip code 75160, this Kaufman County Land , it is in the Amazing Grace Estates Subdivision, are nearby neighborhoods.