0 I-20 Highway

0 I-20 Highway

Terrell, TX 75160

$925,000
Price
230,868 / 5.3
Lot Size / Acres
a view of a garden
an aerial view of a house
a view of outdoor space
a view of a swimming pool with sitting area
a close up of a tree
a bathroom with a small yard
a view of a garden
a view of a yard with an outdoor space
a view of a lush green forest with lots of trees
a view of an outdoor space with a lake view
a view of a yard with plants
a view of a yard
a view of a yard
a view of a garden

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...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.

Property Details for 0 I-20 Highway

Subdivision Name
JNO C HALE
Lot Size Dimensions
485x580x463x491
Zoning Description
Currently 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.

Location

Listing Courtesy of CENTURY 21 Judge Fite Co., Danielle Watkins
Add your commute
LISTING UPDATED: 05/10/2024 11:18 AM

Property Details for 0 I-20 Highway

StatusActive
MLS #20609019
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Commercial
Year Built-
Lot Size5.30 AC
CountyKaufman County

Location

Listing Courtesy of CENTURY 21 Judge Fite Co., Danielle Watkins
Add your commute

Building Information for 0 I-20 Highway

Lot Size5.30 AC

Payment Calculator

$5,048 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,048

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 I-20 Highway

Summary
Location and General Information
  • 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
  • Senior Community Yes/No: No
  • Year Built Details: Unknown
  • Geocode Confidence: High
  • Latitude: 32.71
  • Longitude: -96.29
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: JNO C HALE, TRACT 385.00; 5.3 ACRES
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Building Area Source: See Remarks
  • Number Of Units Total: 1
Property
Utilities
  • Utilities: None
Property and Assessments
  • Financing Proposed: Cash, Conventional, Other
  • Handicap: No
  • Inclusions: Land Only
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Acreage, Many Trees
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 5.3
  • Lot Size Area: 5.3
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 230868.0
  • Multi Parcel ID: No
  • Parcel Number: 7619
  • Topography: Wooded
  • Multi Zoning: No
  • SQFT Gross: 0.0

Property History for 0 I-20 Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 I-20 Highway

This home is within Terrell Independent School District.
Rating
School
Type
Grades
Distance
Gilbert Willie Sr Elementary School
Public - K to 5
Herman Furlough Jr Middle School
Public - 6 to 8
Terrell High School
Public - 9 to 12
Global Leadership Academy
Public - K to 5
Rating
School
Distance
Gilbert Willie Sr Elementary School
PublicK to 5

Herman Furlough Jr Middle School
Public6 to 8

Terrell High School
Public9 to 12

Global Leadership Academy
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 I-20 Highway, Terrell, TX 75160

0 I-20 Highway is a 5.3 ac of land for sale in Terrell, TX 75160. This property was listed for sale on May 6, 2024 by CENTURY 21 Judge Fite Co., it's currently listed at $925,000. This listing's school district is Terrell Independent School District. Nearby schools include Gilbert Willie Sr Elementary School, Herman Furlough Jr Middle School and Terrell High School. 0 I-20 Highway is a 0-bed, 0-bath, 5.3 ac of land on a 230,868 sq. ft. / 5.3 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 Judge Fite Co., Danielle Watkins

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 05/10/2024 11:18 AM