Thank you
Danielle Watkins
CENTURY 21 Judge Fite Co.
972-270-2100
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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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 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
Original List Price: $925,000
Possession: Closing/Funding
Parcel Number: 7619
Tax Legal Description: JNO C HALE, TRACT 385.00; 5.3 ACRES
Unexempt Taxes: $4,312
HOA Type: None
Elementary School: Gilbert Willie, Sr.
Middle School: Furlough
High School: Terrell
School District: Terrell ISD
Utilities: None
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1180 Rose Hill Road, Terrell, TX,75160 | $399,900 | -- | -- | -- | 3.4 Acres |
Bradshaw, Terrell, TX,75160 | $155,000 | -- | -- | -- | 1.6 Acres |
16150 County Road 245, Terrell, TX,75160 | $344,500 | -- | -- | -- | 10.11 Acres |
000 Mineral Wells, Terrell, TX,75160 | $2,300,000 | -- | -- | -- | 34.859 Acres |
Rose Hill Road, Terrell, TX,75160 | $1,199,000 | -- | -- | -- | 18.156 Acres |
00 Rosehill Road, Terrell, TX,75160 | $187,500 | -- | -- | -- | 3 Acres |
15457 State Highway 205, Terrell, TX,75160 | $497,500 | -- | -- | -- | 2.895 Acres |
TBD Pinkston, Terrell, TX,75160 | $65,000 | -- | -- | -- | 0.2893 Acre |
301 W Grove Street, Terrell, TX,75160 | $39,900 | -- | -- | -- | 0.115 Acre |
13850 Quail Lane, Terrell, TX,75160 | $150,000 | -- | -- | -- | 3 Acres |
Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved
ByOwner last updated this listing 05/20/2024 @ 13:24
MLS: 439233915
LISTED BY: Danielle Watkins, CENTURY 21 Judge Fite Co.
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.