10325 County Road 304, Terrell, Texas 75160

$2,300,000
List Price
$2,300,000
MLS#
20739570
Status
ACTIVE
Type
Land
County
Kaufman
City
Terrell
Subdivision
Jc Hale A-202
Development
City Limits, Zoned

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.

Additional Information

Unexempt Taxes
$8,006
HOA
No HOA
Lot Size
551,643
Acres
12.66
Lot Description
Acreage, Many Trees
Soil
Unknown
Subdivided
No
Street Utilities
City Sewer, City Water, Concrete, Curbs, Sewer Available
School District
Terrell Isd
Elementary School
Gilbert Willie, Sr.
Middle School
Furlough
High School
Terrell
Possession
Closing/Funding
Present Use
Unimproved, Vacant
Proposed Use
Development, Residential, Single Family, Other
Zoning
Senior Living Multi-Family SF - 7.5
Possession
Closing/Funding
Restrictions
Other
Easements
Utilities

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Joseph Adamo from Ebby Halliday Realtors. Contact: 972-608-0300