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.
MLS# | 20739570 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 107 |
Listing Provided By | Ebby Halliday Realtors | Joseph Adamo |
Zoning | Senior Living Multi-Family SF - |
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Acreage | 12.66 |
State | TX |
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County | Kaufman |
City | Terrell |
Zip Code | 75160 |
Area | Kaufman |
Community Name | Jc Hale A 202 |
School District | Terrell ISD |
Elementary School | Gilbert Willie, Sr. |
Middle School | Furlough |
High School | Terrell |
Listing VS Median (in Jc Hale A 202) | |
Price: $2,300,000 low | high Med: $0 On Site: 107 low | high Med: |