For Sale
$795,000

I-20 Hwy Terrell, TX 75160

5.3 Acres, Terrell, TX - Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 5.3-acre vacant land parcel presents a unique investment opportunity in Terrell, Texas. Strategically located just off Highway I-20 East, this property boasts unparalleled visibility and accessibility, further enhanced by the Texas Department of Transportation's planned frontage road connection. Currently zoned agricultural for tax purposes, the city has confirmed its placement within the commercial corridor, making it eligible for commercial zoning and opening doors to a wide range of development possibilities. The property's location within Tax Increment Reinvestment Zone No. 1 provides potential tax incentives for developers. Its proximity to Terrell Crossroads and an outlet shopping center ensures high traffic and visibility. While lacking a physical address currently (map to 320 FM 2578 Terrell, TX for reference

Highlights

  • 5.3-acre vacant land parcel in Terrell, TX, offering high visibility and accessibility near I-20 East.
  • Eligible for commercial zoning, currently zoned agricultural.
  • Located within a Tax Increment Reinvestment Zone (TIRZ No. 1), offering potential tax incentives.
  • High traffic area near Terrell Crossroads and an outlet shopping center.
  • Future frontage road connection planned by TxDOT.

Property Details for I-20 Hwy

Property type
Land
Lot Size (sq. ft)
230,868 SF

Location Insight

City
Terrell
County
Kaufman
State
Texas
Latitude
32.4236
Longitude
-96.2845754

FAQs

What type of property is this?
Land - 5.3 Acres, Terrell, TX - Prime Location
Where is the land located?
The property is located at I-20 Hwy Terrell, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5.3-acre vacant land parcel in Terrell, TX, offering high visibility and accessibility near I-20 East.; Eligible for commercial zoning, currently zoned agricultural.; Located within a Tax Increment Reinvestment Zone (TIRZ No. 1), offering potential tax incentives.
How can I contact the broker?
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I-20 Hwy
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