10350 County Road 305, Terrell, Texas 75160
- $24,850,000
- List Price
- $24,850,000
- MLS#
- 20585647
- Status
- ACTIVE
- Type
- Land
- County
- Kaufman
- City
- Terrell
- Subdivision
- A0202 - JNO C HALE
- Development
- City Limits
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.
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Additional Information
- Unexempt Taxes
- $493
- HOA
- No HOA
- Lot Size
- 10,689,754
- Acres
- 245.40
- Lot Description
- Acreage, Agricultural
- Soil
- Unknown, Other
- Subdivided
- Subdivided
- Street Utilities
- Electricity Available, No Sewer
- School District
- Terrell Isd
- Elementary School
- Burnett
- Middle School
- Furlough
- High School
- Terrell
- Possession
- Closing/Funding
- Present Use
- Agricultural, Cattle, Grazing
- Proposed Use
- Agricultural, Cattle, Commercial, Development, Investment, Multi-Family, Pasture, Ranch, Residential, Other
- Zoning
- Commercial
- Possession
- Closing/Funding
- Ag Exemption
- Yes
- Restrictions
- Other
- Easements
- Electric
Mortgage Calculator
Listing courtesy of Mani Jacob from Beam Real Estate, LLC. Contact: 214-670-9494