Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
8.5 acres of FULLY ENTITLED, DEVELOPMENT AGREEMENT in place for 36 SFR homes. The site plan has been FULLY APPROVED by the City of Terrell. The Development Agreement is available upon request, along with the plat, GEO report and Civil Engineering. This site is SHOVEL READY with all utilities and infrastructure in place to easily tie into. The City is offering TIRZ to reimburse the developers cost to bring utilities to each homesite, and put in the road. Highlights in the DA specify the following details... Cost for utilities would fall under impact fees within the development agreement which is intact. The city will be funding the majority of the infrastructure costs, reimbursing the developer through TIRZ. In consideration of the Eason Street improvements, The City of Terrell agrees to credit one hundred percent (l00%) of the Transportation Roadway Impact Fees. The City of Terrell also agrees to provide an amount equal to, for each residence with a homestead exemption, three (3) years of seventy-five percent (75%) of reimbursement of maintenance and operation property taxes. Please contact listing agent for additional information.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Cleared, Other, Subdivided
-
Lot Size(acres)
8.5
-
Property Type
Commercial Sale
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$575,000
-
Tax Amount
$3,579
-
Zoning
Fully Approved Residential Development for 36 SFR units. TIRZ available to developer to reimburse for improvements, including road, Water Sewer available to tie into in site. Oncor to bring power lines to each SFR unit.
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Kaufman
Elementary School
Middle School
High School
Listing Courtesy of Kimberly Woodul , Ebby Halliday, REALTORS
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AGENT
Joe Boston
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