$1,040,000.00

Listing Description

Located in Terrell, TX, this 16 acres commercial acreage presents a rare opportunity for development in a high-visibility. Currently undeveloped, the property offers a blank slate for a wide range of commercial or mixed-use possibilities. Property sits within the ETJ of Terrell, offering development flexibility outside city limits and fewer zoning restrictions. Also Located in a Federally Designated Opportunity Zone: Deferral of capital gains taxes Reduction of capital gains for long-term holds Potential elimination of taxes on new gains after 10 years Located in Terrell 956 FT Along FM 429 10 min to Terrell Exceptional Access: Not in FEMA flood zone