Homes for sale - 10350 County Road 305, Terrell, TX 75160

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Tom Maher

tommaherrealtor@gmail.com +1(254) 228-9800

$ 24,850,000

Est. payment | -/mo

245.4 Acres Lot

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$ 24,850,000

Est. payment | -/mo

Save

245.4 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision A0202 - Jno C Hale

MLS Listing ID 20585647

HOA Y/N None

Annual Tax Amount $493

Lot Size 245.403 Acres

Acres 245.403

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.

Location

State TX

County Kaufman

Zoning Commercial

Direction Please use GPs

Exterior

Utilities Available Electricity Available, No Sewer

Garage No

Building

Lot Description Acreage, Agricultural

Schools

Elementary Schools Burnett

Middle Schools Furlough

High Schools Terrell

School District Terrell Isd

Others

Restrictions Other

Ownership VENTURA SEVEN LLC

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Mani Jacob • Beam Real Estate, LLC

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