I-20 Terrell, TX 75160
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 TypeLand
- NeighborhoodJno C Hale
- CountyKaufman
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusActive
- MLS ID Number20609439
- Home Size Source N/A
- Year BuiltN/A
- Lot Size5.3 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Acreage 5.3
- Zoning 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.
- Property Sub Type Unimproved Land
- Utilities None
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating None
Exterior Features
- Waterfront Property No
- Lot AcreageAgriculturalOther
- Road Frontage Interstate
Community Features
- Senior Community No