Terrell, TX 75160 0 I-20

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Presented By: Danielle Watkins with CENTURY 21 Judge Fite Co.; 972-270-2100
  • MLS# 20609439
  • 11/08/2024
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Home Details

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.
Presented By: Danielle Watkins with CENTURY 21 Judge Fite Co.; 972-270-2100

Interior Features for 0 I-20

Other Interior Features

Lock Box TypeNone

General for 0 I-20

CityTerrell
CoolingNone
CountyKaufman
Development StatusCity Limits, Other
DirectionsProperty 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
Documents AvailableAerial Photo, Other
EasementsUtilities
Elementary SchoolGilbert Willie, Sr.
Elementary School NameGilbert Willie, Sr.
HOA TypeNone
HeatingNone
High SchoolTerrell
Land Lease YNNo
Number Of Barns
Number Of Lots1
Number Of Wells
Occupant TypeVacant
PossessionClosing/Funding
Possible UseAgricultural, Commercial, Development, Industrial, Mixed Use, Multi-Family, Residential, Retail, Subdevelopment, Other
Property SubtypeUnimproved Land
Property TypeLand
RestrictionsNo Known Restriction(s)
School DistrictTerrell ISD
Standard StatusActive
StatusActive
Subdivision NameJNO C HALE
Unexempt Taxes4312
UtilitiesNone
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
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.
current useAgricultural

Exterior for 0 I-20

Frontage Feet485
Lot FeaturesAcreage, Agricultural, Many Trees, Other
Lot Size5 to < 10 Acres
Lot Size Acres5.3000
Lot Size Area5.3000
Lot Size Dimensions485x580x463x491
Lot Size SourcePublic Records
Lot Size Square Feet230868.0000
Lot Size UnitsAcres
Number Of Lakes0
Road Frontage TypeInterstate
Road Surface TypeDirt, Gravel
VegetationHeavily Wooded
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Sr. Elementary School
Middle School N/A
High School N/A

Christine Keeton

Price $795,000
MLS#20609439
List Date 11/08/2024
Property Type Land
Phone 254.415.0443
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