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0 I-20

Terrell, TX 75160
  • $925,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 20609439
$925,000
  • 0
    BEDS
  • 5.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Danielle Watkins of CENTURY 21 Judge Fite Co.: 972-270-2100.

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.

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-26T22:42:15.28.
www.teamhodnett.com/homes/150258977
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0 I-20 Terrell, TX 75160

  • Price: $925,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 20609439
0
Beds
0
Baths
0
½ Baths
5.3
Acres
Neighborhood:
Jno C Hale
County:
Kaufman
Area:
Terrell
Elementary School:
Gilbert Willie, Sr.
High School:
Terrell
School District:
TERRELL ISD
Property 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.
Exterior Features

Frontage Feet 485 Lakes 0 Lot Description AcreageAgriculturalMany TreesOther Lot Dimensions 485x580x463x491 Lot Size Source Public Records Lots 1 Road Frontage Type Interstate Road Surface Type DirtGravel Tanks And Ponds 0 Waterfront YN No

Interior Features

Cooling None Heating None

Property Features

AGExemption Yes Barns 0 Barns1 0 Current Use Agricultural Development City LimitsOther Easements Utilities HOA None Lake Pump No Land Leased No List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventionalOther Municipal Utility District No Possession Closing/Funding Property Type Unimproved Land Restrictions No Known Restriction(s) Senior Community No Unexempt Taxes 4312 Utilities None Wells 0 Will Subdivide Yes Zoning Currently Agricultural for TAX purposes. Future land use is New Traditional Neighborhoodbut per City of Terrell Can be easily converted to commercial use due to being in commercial corridor.

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-26T22:42:15.28.
 
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Team Hodnett | Keller Williams Realty
2106 E State Highway 114, Suite 101
Southlake TX, 76092
Offered by Danielle Watkins of CENTURY 21 Judge Fite Co.: 972-270-2100.