0 I-20 Terrell Tx 75160
$795,000
230,868 / 5.3
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...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.
- Listed by Danielle Watkins • TREC #0790655 • CENTURY 21 Judge Fite Co. • 972-270-2100
Property Details for 0 I-20 Terrell Tx 75160
Subdivision Name
JNO C HALE
Lot Size Dimensions485x580x463x491
Zoning DescriptionCurrently Agricultural for TAX purposes. Future land use is New Traditional Neighborhood, but per City of Terrell Can be easily converted to commercial use due to being in commercial corridor.
LISTING UPDATED: 11/08/2024 11:08 AM
Property Details for 0 I-20 Terrell Tx 75160
Status | Active |
---|---|
MLS # | 20609439 |
Days on Market | 201 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lots & Acreage / Residential |
Year Built | - |
Lot Size | 5.30 AC |
County | Kaufman County |
Building Information for 0 I-20 Terrell Tx 75160
Lot Size5.30 AC
Property Information for 0 I-20 Terrell Tx 75160
Property History for 0 I-20 Terrell Tx 75160
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 0 I-20 Terrell Tx 75160
This home is within Terrell Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Gilbert Willie Sr Elementary School PublicK to 5 | ||
Herman Furlough Jr Middle School Public6 to 8 | ||
Terrell High School Public9 to 12 | ||
Global Leadership Academy PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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