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$1,040,000
Est. payment /mo
16 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Sa & Mg Rr Co Surv Abs #521
MLS Listing ID 21019239
HOA Y/N None
Lot Size 16.000 Acres
Acres 16.0
Property Sub-Type Unimproved Land
Property Description
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
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
Location
State TX
County Kaufman
Zoning Unzoning
Direction Set GPS Map to Fm 429, Terrell, TX, 75161
Exterior
Utilities Available Electricity Available
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Burnett
Middle Schools Furlough
High Schools Terrell
School District Terrell Isd
Others
Restrictions None
Ownership Chen & Luo Family Trust
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21019239
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Listed by Ada Zhang • Berkshire HathawayHS PenFed TX