Land For Sale

10350 County Road 305, Terrell, Texas 75160

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Property Description

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.

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 20585647
Price : $24,850,000
Lot Area : 245.40 Acre
Status : Active
Office Name : Beam Real Estate, LLC
Agent Name : Mani Jacob
Property Sub Type : Unimproved Land
Features
Sewer : None
Utilities : Electricity Available, Sewer Not Available
Address Map
Country : US
State : TX
County : Kaufman
City : Terrell
Zipcode : 75160
Street : County Road 305
Street Number : 10350
Longitude : W97° 41' 8.4''
Latitude : N32° 42' 46.6''
Neighborhood
Elementary School : Burnett
Elementary School District : Terrell ISD
High School : Terrell
High School District : Terrell ISD
Middle School : Furlough
Additional Information
Lot Features : Acreage, Agricultural, City Lot
Possible Use : Agricultural, Cattle, Commercial, Development, Investment, Multi-Family, Other, Pasture, Ranch, Residential
Current Use : Agricultural, Grazing, Cattle
Financial
Tax Annual Amount : 493.0
Listing Information
List Agent Mls Id : 0480204
List Office Mls Id : REBA02
Mls Status : Active
Modification Timestamp : 2024-09-30T18:47:28Z
Originating System Name : NTR
Special Listing Conditions : Standard
Land For Sale
  • Listing ID : 20585647
  • Lot Area : 245.40 Acre
  • Visits : 7
$24,850,000