0 I-20 Terrell Tx 75160

Terrell, TX 75160

$795,000
Price
230,868 / 5.3
Lot Size / Acres

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.
  1. 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 Dimensions
485x580x463x491
Zoning Description
Currently 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

StatusActive
MLS #20609439
Days on Market201
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built-
Lot Size5.30 AC
CountyKaufman County

Building Information for 0 I-20 Terrell Tx 75160

Lot Size5.30 AC

Property Information for 0 I-20 Terrell Tx 75160

Summary
Location and General Information
  • 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
  • Elementary School: Gilbert Willie, Sr.
  • Elementary School Name: Gilbert Willie, Sr.
  • High School: Terrell
  • High School Name: Terrell
  • Middle School: Furlough
  • Senior Community Yes/No: No
  • School District: Terrell ISD
  • Geocode Confidence: High
  • Latitude: 32.71
  • Longitude: -96.29
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: JNO C HALE, TRACT 385.00; 5.3 ACRES
  • Association Type: None
  • Special Taxing Entities: No
Virtual Tour
Interior and Exterior Features
Interior Features
  • Heating: None
  • Cooling: None
Exterior Features
  • Number Of Tanks And Ponds: 0
  • Number Of Wells: 0
  • Waterfront: No
Property
Utilities
  • Utilities: None
Property and Assessments
  • AG Exemption: Yes
  • Financing Proposed: Cash, Conventional, Other
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s)
  • Documents Available: Aerial Photo, Other
  • Property Match: APN
Lot Information
  • Development: City Limits, Other
  • Easements: Utilities
  • Frontage Feet: 485
  • Lot Features: Acreage, Agricultural, Many Trees, Other
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 5.3
  • Lot Size Area: 5.3
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 230868.0
  • Multi Parcel ID: No
  • Number Of Lots: 1
  • Parcel Number: 7619
  • Road Frontage: Interstate
  • Current Use: Agricultural
  • Lake Pump: No
  • Number Of Lakes: 0
  • Road Surface Type: Dirt, Gravel
Farm Information
  • Number Of Barns: 0
  • Vegetation: Heavily Wooded
Rent Information
Rent Information
  • Land Leased: No

Property History for 0 I-20 Terrell Tx 75160

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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0 I-20 Terrell Tx 75160 is a 5.3 ac of land for sale in Terrell, TX 75160. This property was listed for sale on May 6, 2024 by CENTURY 21 Judge Fite Co., it's currently listed at $795,000. It has been on the market for a total of 201 days and was last sold on November 24, 2020. This listing's school district is Terrell Independent School District. Nearby schools include Gilbert Willie Sr Elementary School, Herman Furlough Jr Middle School and Terrell High School. 0 I-20 Terrell Tx 75160 is a 0-bed, 0-bath, 5.3 ac of land on a 230,868 sq. ft. / 5.3 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 Judge Fite Co., Danielle Watkins

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