NOT LISTED FOR SALE

8717 Co Road 314 Terrell, TX 75161

Estimated Value: $449,000 - $1,297,062

9.23 Acres
$94,566 Price per Acre
402,146 Sq Ft Lot

Sale Details

Date Sold: February 2, 2023

Current estimated payment $5,974 / mo

31 Days on Market

About This Lot

As of February 2023

Clean property directly off the exit ramp of I-20 westbound, 14 min east of Terrell, TX and 45 min east of downtown Dallas. This interstate exit makes entry and exit of the property easy. 1,100 feet of road frontage on a corner provide ample acreage for turning, parking and re-entry onto I-20. The property is across the street from an RV park. The hard corner can separate car traffic vs heavy trucks making this property ideal for commercial development such as truck stop, gas station, convenience store, restaurants, storage units, or other businesses!

The proximity of this property is unique in that there are no food or fuel stations on the north side of I-20 for 22.4 miles, making this location a food desert. New residential development is taking place within a quarter of a mile of this location which provides a captured audience to complement that from the RV Park and traffic volume on I-20 westbound.

Survey, geotech, phase 1 ESA, and feasibility report available.

Last Agent to Sell the Property

Curt Eley

eXp Realty, LLC License #0730925 Listed on: 08/30/2022

eXp Realty, LLC

Last Buyer's Agent

Parker Benda

Ebby Halliday, REALTORS License #0711236

Ebby Halliday, REALTORS

Property Details

Property Type

  • Land

Lot Details

  • 9.23 Acre Lot
  • Property fronts a county road
  • Unincorporated Location
  • Corner Lot
  • Zoning described as No zoning.

Schools

  • Willspoint Elementary And Middle School
  • Willspoint High School

Utilities

  • No City Services
  • Overhead Utilities
  • Property is located within a water district
  • Septic Tank

Additional Features

  • Outside City Limits
  • Horses Allowed On Property

Community Details

  • Jos T Vanderhoya Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15410
  • $1,460 per year unexempt tax
  • Special Tax Authority

Property Details

Property Type

Land

Lot Details

9.23 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Easement(s), No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Attribution Contact: 888-519-7431
  • Special Features: None

Exterior Features

  • Easements: Utilities, Other
  • Soil Type: Unknown
  • Surface Rights: All, Easement
  • Waterfront: No
  • Road Assessment Y N: No
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Asphalt, Electricity Available, Outside City Limits, Overhead Utilities, Rural Water District, Septic, Unincorporated, No City Services

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Wills Point ISD
  • Primary School: Willspoint
  • Intermediate School: Willspoint
  • Junior High School: Willspoint

Lot Info

  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Corner Lot
  • Lot Size Units: Acres
  • Lots Sold Package: 1
  • Lot Size Area: 9.2320
  • Parcel Number: 15410
  • Lot Size Acres: 9.2320
  • Lot Size Sq Ft: 402145.9200
  • Subdivided: No
  • Zoning Description: No zoning.
  • Present Use: Crops, Unimproved, Vacant
  • LandLeaseYN: No

Building Info

  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 1

Tax Info

  • Unexempt Taxes: 1460
  • Special Taxing Entities: Yes

MLS Schools

  • Middle School Name: Willspoint
  • High School Name: Willspoint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Feb 2, 2023
Sold by
Atwells Home Investors Llc
Bought by
Hiram Investments Llc
Seller's Agent
Curt Eley
eXp Realty, LLC
Buyer's Agent
Parker Benda
Ebby Halliday, REALTORS
List Price
$1,350,000
Views
11
Current Estimated Value
$873,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hiram Investments Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2023 02/02/23 Sold -- -- --
09/30/2022 09/30/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $1,350,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,750 $1,240,000 $1,240,000 --
2024 $15,750 $1,261,000 $1,261,000 --
2023 $4,995 $400,316 $400,316 --
2022 $5,756 $400,316 $400,316 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20151975

North Texas Real Estate Information Systems (NTREIS)

APN: 15410

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