0 I-20, Terrell TX, 75160

Active

0 I-20

Terrell TX, 75160

$795,000

$3.44 per sqft

Active

5.3 Acres

Land

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.

20609439

MLSⓇ ID

November 22, 2024

Updated

Map

0 I-20
Terrell TX, 75160

Exterior/Building Features

Lot Size: 5.3 Acres
Lot Features: Acreage, Agricultural, Other, Many Trees, City Lot

School Information

School District: Terrell ISD
High School: Terrell
Elementary School: Gilbert Willie, Sr.

Other Property Details

Taxes: $4,312
Tax Frequency: Annually
Days on Market: 184
Garage: No
View: No
County: Kaufman
Pool: No

Listed by Danielle Watkins with CENTURY 21 Judge Fite Co.
Listing Contact: 972-270-2100

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 11/22/2024 at 8:17 PM UTC