429 Fm, Terrell, TX 75161

List Price
$1,040,000
MLS#
21019239
Status
ACTIVE
Type
Land
Subtype
Land
Acres
16
County
Kaufman
City
Terrell
Subdivision
Sa & Mg Rr Co Surv Abs #521

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

Additional Information

Lot Size
696,960
Acres
16
School District
Terrell Isd
Elementary School
Burnett
Middle School
Furlough
High School
Terrell
Possession
CloseOfEscrow, Negotiable
Possession
CloseOfEscrow, Negotiable

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ada Zhang from Berkshire HathawayHS PenFed TX. Contact: 949-637-7735