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

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 0 I-20

Additional Parcels Y/NNo
Attached Garage No
AttributionContact972-270-2100
Carport Y/NNo
CityTerrell
CoolingNone
CountyKaufman
Current UseAgricultural
Development StatusOther
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
Electric On Property Y/NNo
Elementary SchoolGilbert Willie, Sr.
Elementary School DistrictTerrell ISD
Garage Y/NNo
HOANo
HeatingNone
High SchoolTerrell
High School DistrictTerrell ISD
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionJNO C HALE, TRACT 385.00; 5.3 ACRES
Lot Size Square Feet230868.0
Lot Size UnitsAcres
Middle/Junior High SchoolFurlough
Middle/Junior School DistrictTerrell ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-01-29T17:18:03.027-00:00
New ConstructionNo
Occupancy TypeVacant
PossessionCloseOfEscrow
Possible UseAgricultural, Commercial, Development, Industrial, MultiFamily, MixedUse, Other, Residential, Retail, Subdevelopment
Property Attached Y/NNo
Property Sub Type AdditionalUnimprovedLand
Property SubtypeUnimprovedLand
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameJNO C HALE
Tax Annual Amount4312.0
UtilitiesNone
Virtual TourClick here
Waterfront Y/NNo
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.

Exterior for 0 I-20

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions485x580x463x491
Lot FeaturesAcreage, Agricultural, Other, ManyTrees, CityLot
Lot Size Acres5.3
Lot Size Area5.3
Lot Size SourcePublicRecords
Number of Lots1
Open Parking Y/NNo
Road Frontage TypeInterstate
Road Surface TypeDirt, Gravel
SpaNo
VegetationHeavilyWooded

Additional Details

Price History

Schools

Middle School Furlough Middle School
High School Terrell High School
Elementary School Sr. Elementary School

Scott Roycroft

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