0 Tx-34Terrell, TX 75160

For Sale
Call for price

16 Townhomes, 3 Acres, QOZ

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 3-acre commercial land parcel in Terrell, Texas, presents a unique investment opportunity. Located in Kaufman County, zip code 75160, this property boasts an approved plan for the construction of sixteen townhomes. The site is situated along a street frontage, ensuring high visibility and convenient access for future residents. Importantly, this location is designated as a Qualified Opportunity Zone (QOZ), offering potential tax advantages for investors. The permitted zoning is multifamily, making this project ideal for developers seeking to capitalize on the growing demand for rental housing in the area. The existing approved plan streamlines the development process, minimizing pre-construction hurdles. This turnkey opportunity allows for immediate commencement of construction, offering a swift path to generating rental income. The property's location in Terrell, Texas, provides access to local amenities and a growing community. This is a rare chance to acquire a fully permitted, ready-to-build townhome development in a thriving Qualified Opportunity Zone. Detailed plans are available upon request. This is an exceptional opportunity for investors seeking a high-return, low-risk venture.

Highlights

  • 3-acre commercial land parcel in Terrell, Texas.
  • Multifamily zoning permits the construction of 16 townhomes.
  • Located in a Qualified Opportunity Zone.
  • Approved plan for 16 townhomes included.
  • Townhomes situated along street frontage for optimal visibility and accessibility.

Property Details for 0 Tx-34

Property type
Other land, Land
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Terrell
County
Kaufman
State
Texas
Latitude
32.739900720759
Longitude
-96.27219381617
Tx-34, Terrell, Texas

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0 Tx-34
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