$925,000 $5,252 est/mo Sourced by Back At You

0 I-20 Highway,Terrell, TX 75160

Terrell TX, 75160

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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.

Details

MLS#20609019
Listing TypeFor Sale
StyleVacant Land
Sub-TypeResale
StatusActive
Days On Site18
Listing Provided ByCENTURY 21 Judge Fite Co. | Danielle Watkins

Features

Units1
ZoningCurrently Agricultural for TAX p
Acreage5.30

Market Activity 75160

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 3 minutes ago
StateTX
CountyKaufman
CityTerrell
Zip Code75160
AreaKaufman
Community NameJNO C HALE
Listing VS Median (in JNO C HALE)
Price:
$925,000
low | high
Med:
$0
On Site:
18
low | high
Med:
Sourced by Back At You
Listing Updated: May 10, 2024 at 11:32:40 AM PDT