10350 County Road 305, Terrell, Texas, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$24,850,000

10350 County Road 305
Terrell, Texas, United States

Listed By: Realtyww Info

Listed On: 09/11/2024

Listing ID: GL11229358 View More Details

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 and measuring 60 ft wide by 100 ft deep. Tract is not in 100 and 500-year flood zones per Survey.City of Terrell plans to bring utilities to the subject tract and other nearby developments. For more info on the utilities, plz contact the City of Terrell.

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Listed by: Mani Jacob