0 I 20
Terrell, TX 75160
- – beds
- – baths
- – sqft
- ~5 acre lot
- – on site
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.
Last checked:
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Last updated Mar 28, 2025
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MLS# 20609439 —
Location
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Directions:Property does not have physical address yet, Map to 320 FM 2578 Terrell TX, subject property is SE of Kingdom Hall on road that splits off to the right when heading SE on 2578
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Latitude:32.71002397
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Longitude:-96.29311932
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:7619
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# of Lots:1
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Lot Features:Acreage, Agricultural, Many Trees, Other
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Lot Size:5 to < 10 Acres
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Lot Size Dimensions:485x580x463x491
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Lot Size SqFt:230868.0000
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Lot Size Acres:5.3000
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Lot Size Area:5.3000
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Easements:Utilities
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Restrictions:No Known Restriction(s)
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Current Use:Agricultural
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Possible Use:Agricultural, Commercial, Development, Industrial, Mixed Use, Multi-Family, Residential, Retail, Subdevelopment, Other
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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.
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Vegetation:Heavily Wooded
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Frontage Feet:485
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Waterfront:No
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Lake Pump:No
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Road Frontage Type:Interstate
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Road Surface Type:Dirt, Gravel
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Will Subdivide:Yes
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:JNO C HALE, TRACT 385.00; 5.3 ACRES
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20609439
Heating & Cooling
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Heating:None
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Cooling:None
Utilities
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Utilities:None
Schools
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School District:Terrell ISD
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Elementary School:Gilbert Willie, Sr.
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Elementary School Name:Gilbert Willie, Sr.
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Middle School Name:Furlough
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High School Name:Terrell
The Community
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Subdivision Name:JNO C HALE
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Senior Community:No
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Association Type:None
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Development Status:City Limits, Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).