Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
245.403 acres
The Terrell Galaxy is a 248.5-AC property with an AG exemption. It is situated within the city limits of Terrell. Location is perfect for a mixed-use development that can include Hwy Commercial, Multi-Family, Build-To-Rent, and Single-Family uses, among others. The property is situated along I-20 and County Rd 305. TxDOT bought the right-of-way from the previous owner to construct a frontage road, currently in the design phase. Construction is expected to begin soon. For more details, contact TxDOT. The Hwy Commercial portion is est. to be 31.7+ AC, which can accommodate a massive hwy corridor business district of 193,780 SF. Resid. portion is est. to be 216.8+ AC, allowing 926 single-family homes, with each lot est. to be ~ 6,000 SF in size & measuring 60 ft wide by 100 ft deep. Tract is not in 100 & 500-year flood zones per Survey.City of Terrell plans to bring utilities to the subject tract & other nearby developments. For more info on the utilities, plz contact the City of Terrell.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Acreage, Agricultural, CityLot
-
Lot Size(acres)
245.403
-
Property Type
Land
Exterior
-
Garage
No
Financial
-
Sales Price
$24,850,000
-
Tax Amount
493.0
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Location
County
Kaufman
Elementary School
Burnett
Middle School
Furlough
High School
Terrell
Listing Courtesy of Mani Jacob , Beam Real Estate, LLC
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