10350 County Road Unit 305, Terrell, TX 75160 - 20585647 - iPro Real Estate

For Sale

$24,850,000 $2.32 per sqft

Free Professional CMA

Listing ID : 20585647

  • Lot Size

    245.4030 Acre

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.

Details

Type: Land Sale 
Subdivision: A0202 - Jno C Hale 
County: Kaufman 
Tax ID: 7668
Annual Taxes: $493
School District: Terrell ISD
Elementary: Burnett 
Middle: Furlough 
High: Terrell 
Lot Features: Acreage, Agricultural 
Days on Market: 34 
Property Type: Land Sale 
Proposed Use: Agricultural, Cattle, Grazing 
Restrictions: Other 
Sub Type: Unimproved Land 
Utilities: Electricity Available, No Sewer 
Zoning: Commercial 

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32.712952 -96.314339 $24,850,000 20585647
10350 County Road Unit 305, Terrell, TX 75160
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Listed by Mani Jacob with Beam Real Estate, LLC 214-670-9494

Based on information from the North Texas Real Estate Information Systems, Inc., 7/13/2024.