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.
20609439
MLSⓇ ID
August 23, 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
79
Garage
No
View
No
County
Kaufman
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
7/24/2024 | Price change | $795,000 -15% |
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 8/23/2024. 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.
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Data last updated on 8/23/2024 at 5:54 PM UTC