10325 County Road 304, Terrell, TX 75160 – 20739570

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Latrice Womack

info@latricewomack.com +1(682) 422-7264

$2,300,000

Est. payment - /mo

12.66 Acres Lot

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UPDATED:

10/14/2024 02:44 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Jc Hale A-202

MLS Listing ID 20739570

HOA Y/N None

Annual Tax Amount $8,006

Lot Size 12.664 Acres

Acres 12.664

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

Direction From I-20 and Hwy 34, head north on 34, left onto 2578, then right on Windsor, property is located on the SE corner of Rockwall Ave. and Windsor Ave. and will be on the left with a sign in the property.

Exterior

Fence Other

Utilities Available City Sewer, City Water, Concrete, Curbs, Sewer Available

Garage No

Building

Lot Description Acreage, Many Trees

Schools

Elementary Schools Gilbert Willie, Sr.

Middle Schools Furlough

High Schools Terrell

School District Terrell Isd

Others

Restrictions Other

Ownership See Agent

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Survey Available

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Joseph Adamo • Ebby Halliday Realtors

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Latrice Womack

+1(682) 422-7264

Agent | License ID: 0685029

Agent License ID: 0685029