0 I-20, Terrell, Texas 75160

TX, Terrell
$795,000
  • 5.30 Acre
  • Land Property Type
  • Active Status
Juan Carlos Cruz
Juan Carlos Cruz Texas Investment Properties
  • + 214-666-6062
  • Info@texasinvestment.properties
  • 15280 Addison Rd Suite 120 Addison
Property 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 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.

Listing Information
  • List Agent Mls Id: 0790655
  • List Office Mls Id: CEJF25
  • Listing Term: Cash, Conventional, Other
  • Mls Status: Active
  • Modification Timestamp: 2025-01-29T17:18:03Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2024-11-08T10:58:39Z
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 20609439
  • Price: $795,000
  • Lot Area: 5.30 Acre
  • Status: Active
  • Listing Status: Active
  • Office Name: CENTURY 21 Judge Fite Co.
  • Agent Name: Danielle Watkins
  • Property Sub Type: Unimproved Land
Features
  • Heating System None
  • Cooling System None
  • Utilities None
Address Map
  • Country US
  • State TX
  • County Kaufman
  • City Terrell
  • Subdivision JNO C HALE
  • Zipcode 75160
  • Street: I-20
  • Longitude: W97° 42' 24.8''
  • Latitude: N32° 42' 36.1''
  • 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
Neighborhood
  • Elementary School: Gilbert Willie, Sr.
  • Elementary School District: Terrell ISD
  • High School: Terrell
  • High School District: Terrell ISD
  • Middle School: Furlough
Additional Information
  • Current Use: Agricultural
  • Lot Features: Acreage, Agricultural, Many Trees, Other, City Lot
  • Lot Size Dimensions: 485x580x463x491
  • Possible Use: Agricultural,Commercial,Development,Industrial,Multi-Family,Mixed Use,Other,Residential,Retail,Subdevelopment
Financial
  • Tax Annual Amount: 4312.0

Advertisement

ad
ad
ad
ad
ad
ad
ad
previous arrow
next arrow

Blog

previous arrowprevious arrow
Slide
Key Strategies for Success in Real Estate Investment: Focus on the Buy-and-Hold Strategy

Real estate investment is a fascinating and lucrative field that has attracted many investors seeking growth opportunities and long-term wealth...

Slide
Buying A Home

Buying a home is an exciting and complex adventure. It can also be a very time-consuming and costly one

Slide
Get Pre Approved To Buy A Home

Buying a home is an exciting and complex adventure. It can also be a very time-consuming and costly one

Slide
How To Choose A Neighborhood For Your Home Search

Narrow your home search by identifying neighborhoods that are right for you.

Slide
Distressed Homes

Buying a distressed home can be very exciting or it can be quite a challenge for some people. We at Angel Realtors think that the whole process is quite an exciting project.

Slide
Owner Finance

If you would like to buy a home, you have cash saved up to put down as a down payment but you can NOT

Slide
FREE Foreclosure List

Are you looking for a Foreclosure home in Dallas Fort Worth? There are thousands of available Dallas Foreclosures!

next arrownext arrow

Similar Properties

MLS On The Fly