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Terrell,TX 75160
Key Details
Property Type Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Jc Hale A-202
MLS Listing ID 20739570
Annual Tax Amount $8,006
Lot Size 12.664 Acres
Property Description
12.664 +- acres of land in a growing and developing area with easy access to I-20 Hwy 80 in the city of Terrell. Current zoning for Senior Living Multi-Family SF - 7.5. It is approved for a 148-unit senior housing development. This property holds promise with its proposed use designation as a Traditional Neighborhood Feel. The property is located in TIF Zone 1 (Tax Increment Financing) offering tax incentives for developers and OZ (Opportunity Zone). This prime location offers an opportunity to capitalize on Terrell's growth.
Location
State TX
County Kaufman
Zoning Senior Living Multi-Family SF - 7.5
Exterior
Fence Other
Utilities Available City Sewer,City Water,Concrete,Curbs,Sewer Available
Building
Lot Description Acreage,Many Trees
Schools
Elementary Schools Gilbert Willie, Sr.
Middle Schools Furlough
High Schools Terrell
School District Terrell Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo,Survey Available