$795,000
$130K PRICE DROP

0 I-20 Unit 20609439 Terrell, TX 75160

Estimated payment $5,223/month

Total Views 12,455
5 Acres
$150,000 Price per Acre
230,868 Sq Ft Lot

Highlights

  • 5.3 Acre Lot
  • Heavily Wooded Lot
  • Agricultural Exemption

About This Lot

5.3-acre lot just off Hwy I-20 E in the city of Terrell. The property is located in Tax Increment Reinvestment Zone No.1 opening up the opportunity for tax incentives for developers. Positioned to maximize visibility and accessibility for businesses with TXDot's planned connection of a frontage road in front of the lot. Current zoned agricultural for tax purposes, this parcel holds promise with its future use designation as a Traditional Neighborhood. City has confirmed that this property falls within the commercial corridor, making it eligible for commercial zoning, opening up possibilities for commercial ventures. Lot is close Terrell Crossroads and outlet shopping center. This prime location presents a rare chance to capitalize on Terrell's growth trajectory, offering a strategic position within the commercial corridor and opportunities for investment and development. Whether envisioning a commercial enterprise, residential project, or a blend of both in a rapidly evolving area. Seller will consider owner financing dependent on Terms and Conditions.

Listing Agent

Danielle Watkins

CENTURY 21 Judge Fite Co. Brokerage Phone: 972-270-2100 License #0790655

CENTURY 21 Judge Fite Co.

Property Details

Property Type

  • Land

Lot Details

  • 5.3 Acre Lot
  • Lot Dimensions are 485x580x463x491
  • Property fronts an interstate
  • Heavily Wooded Lot
  • Many Trees
  • Subdivision Possible
  • Zoning described as Currently Agricultural for TAX purposes. Future land use is New Traditional Neighborhood, but per City of Terrell Can be easily converted to commercial use due to being in commercial corridor.

Schools

  • Gilbert Willie Elementary School
  • Furlough Middle School
  • Terrell High School

Farming

  • Agricultural Exemption
  • Agricultural

Utilities

  • No Cooling

Community Details

  • Jno C Hale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7619
  • $4,312 per year unexempt tax

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Yes
  • Agricultural Exemption YN: Yes
  • Lake Pump Y N: No
  • Attribution Contact: 972-270-2100
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Waterfront: No
  • RoadFrontageType: Interstate
  • RoadSurfaceType: Dirt, Gravel

Garage/Parking

  • Cooling System: None

Utilities

  • Heating: None
  • Utilities: None

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Other

Schools

  • School District: Terrell ISD
  • Elementary School: Gilbert Willie, Sr.
  • Middle School: Furlough
  • High School: Terrell
  • School District: Terrell ISD
  • Elementary School: Gilbert Willie, Sr.

Lot Info

  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Agricultural, Many Trees, Other
  • Lot Size Units: Acres
  • Lot Size Area: 5.3000
  • Lot Size: 485x580x463x491
  • Parcel Number: 7619
  • Lot Size Acres: 5.3000
  • Lot Size Sq Ft: 230868.0000
  • Zoning Description: Currently Agricultural for TAX purposes. Future land use is New Traditional Neighborhood, but per City of Terrell Can be easily converted to commercial use due to being in commercial corridor.
  • Possible Use: Agricultural, Commercial, Development, Industrial, Mixed Use, Multi-Family, Residential, Retail, Subdevelopment, Other
  • Present Use: Agricultural
  • LandLeaseYN: No

Building Info

  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 1

Tax Info

  • Unexempt Taxes: 4312
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Furlough
  • Elementary School Name: Gilbert Willie, Sr.
  • High School Name: Terrell

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 For Sale $795,000 0.0% --
11/06/2024 11/06/24 Off Market -- -- --
07/24/2024 07/24/24 Price Changed $795,000 -14.1% --
05/06/2024 05/06/24 For Sale $925,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

About the Listing Agent

Danielle Watkins
Danielle Watkins

CENTURY 21 Judge Fite Co.

(469) 838-3760

Section Image

Hi, I’m Danielle – Your Trusted Real Estate Partner in Rockwall, TX
Buying or selling a home is one of the biggest decisions you’ll ever make—and who you choose to guide you through it makes all the difference. When you work with me, you’re not just getting a real estate agent—you’re gaining a dedicated advocate who’s committed to your success from start to finish.

I take pride in delivering superior service that goes beyond the sale. I’m deeply devoted to my clients and believe in

View Danielle's Profile

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20609439

North Texas Real Estate Information Systems (NTREIS)

Texas Kaufman County Terrell 75160

0 I-20 Unit 20609439, Terrell, TX

Homes for Sale in Terrell, TX

This home is located at 0 I-20 Unit 20609439, Terrell, TX 75160 and is currently priced at $795,000. 0 I-20 Unit 20609439 is a home located in Kaufman County with nearby schools including Gilbert Willie Sr Elementary School, Herman Furlough Jr Middle School, and Terrell High School.

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Danielle Watkins
Danielle Watkins
Listing Agent Section Image
CENTURY 21 Judge Fite Co.
(469) 838-3760