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0 I-20 Terrell, TX $ 925,000
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$ 925,000 Get more info
0 I-20
$ 925,000
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0 I-20

Terrell, TX, 75160
$ 925,000
Baths0.0

Monthly Estimate*

$ 6,148

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Studio

Lots and Land for sale in Terrell, TX

for $925,000. The lot size is 5.3.

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.

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Lots and Land Active

Price

$ 925,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,312

Style

Unimproved Land

Lot Size

5.3

Town/City

Terrell

County/Region

Kaufman

MLS | Web ID

20609439
Features
General
Development Status City Limits Other
Heating None
Cooling None
Utilities None
Possession Closing/Funding
current use Agricultural
Restrictions No Known Restriction(s)
School District Terrell ISD
Property SubType Unimproved Land
Subdivision Name JNO C HALE
Occupant Type Vacant
County Kaufman
Property Type Land
HOA Type None
Status Active
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
City Terrell
Buyer Agent Compensation 2.5
Elementary School Name Gilbert Willie Sr.
High School Terrell
Street Name I-20
Elementary School Gilbert Willie Sr.
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Waterfront 0
Lot Features Acreage Agricultural Many Trees Other
Vegetation Heavily Wooded
Lot Size Source Public Records
Lot Size 5 to < 10 Acres
Lot Size Dimensions 485x580x463x491
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Danielle Watkins

Listing Agent

Century 21 Judge Fite Co.

Broker

Affordability Calculator

$6,507
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,148
Monthly Property Taxes
$359
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2112901 Elementary School
3676640 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/6/2024 $925,000 Listed Price

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0 I-20, Terrell, TX, 75160 is a Lots and Land for sale at $925,000 with a lot size of 5.3. 0 I-20 is a studio with 0.0 baths. The property's zip code is 75160 which is in Terrell, TX

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