0 I-20

Terrell, TX 75160
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5.30 Lot Acres
Land / Unimproved Land

Audio narrative

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.

MLS#
NTREIS-20609439
List Price
$925,000
Listing Status
For Sale
Address
0 I-20
City
State
TX
Zip Code
Subdivision
JNO C HALE
Legal Description
JNO C HALE, TRACT 385.00; 5.3 ACRES
Property Type
Land / Unimproved Land
Lot Size
5.30 Lot Acres/PUBREC
Road Frontage
Federal Highway Highway

Exterior

Lot Description
Acreage, Agricultural, Many Trees, Other
Easements
Utilities
Utility
None
Road Surface
Interstate

Interior

Cooling
None
Heating
None

Lot information

Lot Size
5.30 Lot Acres /PUBREC
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Lake Pump
No

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 19, 2024 at 02:56 AM
Listing last updated May 10, 2024 at 11:28 AM
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0 I-20, Terrell, TX 75160. View photos, map, tax, nearby homes for sale, home values, school info...

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