Located in Terrell, TX, this 16 acres commercial acreage presents a rare opportunity for development in a high-visibility. Currently undeveloped, the property offers a blank slate for a wide range of commercial or mixed-use possibilities. Property sits within the ETJ of Terrell, offering development flexibility outside city limits and fewer zoning restrictions. Also Located in a Federally Designated Opportunity Zone: Deferral of capital gains taxes Reduction of capital gains for long-term holds Potential elimination of taxes on new gains after 10 years Located in Terrell 956 FT Along FM 429 10 min to Terrell Exceptional Access: Not in FEMA flood zone
| MLS # | 21019239 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 458 |
| Listing Provided By | Berkshire HathawayHS PenFed TX | Ada Zhang |
| Zoning | Unzoning |
|---|---|
| Acreage | 16.00 |
| Lot Features | Acreage |
|---|
| Utilities | Electricity Available |
|---|
| State | TX |
|---|---|
| County | Kaufman |
| City | Terrell |
| Zip Code | 75161 |
| Area | Kaufman |
| Community Name | Sa & Mg Rr Co Surv Abs #521 |
| School District | Terrell ISD |
| Elementary School | Burnett |
| High School | Terrell |
| State | TX |
|---|---|
| County | Kaufman |
| City | Terrell |
| Zip Code | 75161 |
| Area | Kaufman |
| Community Name | Sa & Mg Rr Co Surv Abs #521 |
| School District | Terrell ISD |
| Elementary School | Burnett |
| High School | Terrell |