$2,300,000.00

Listing Description

12.664 +- acres of land in a growing and developing area with easy access to I-20 Hwy 80 in the city of Terrell. Current zoning for Senior Living Multi-Family SF - 7.5. It is approved for a 148-unit senior housing development. This property holds promise with its proposed use designation as a Traditional Neighborhood Feel. The property is located in TIF Zone 1 (Tax Increment Financing) offering tax incentives for developers and OZ (Opportunity Zone). This prime location offers an opportunity to capitalize on Terrell's growth.