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African McGee

amcgee@mcgeeandcorealty.com +1(817) 449-7733

$ 389,000

Est. payment | -/mo

5.2 Acres Lot

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$ 389,000

Est. payment | -/mo

Save Virtual Tour

5.2 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Guyton Add

MLS Listing ID 21311840

HOA Y/N No

Year Built 2015

Annual Tax Amount $4,503

Lot Size 5.200 Acres

Acres 5.2

Property Sub-Type Improved Land

Property Description

RARE OPPORTUNITY ZONE INVESTMENT WITH EXISTING INFRASTRUCTURE IN THE CITY OF TERRELL! Located on 5.2 acres within Terrell city limits & inside a designated IRS Opportunity Zone, this unique property offers exceptional potential for investors, developers, RV park operators, storage users, contractors, or buyers seeking a private homesite with room to grow. Previously platted into 2 lots & currently shown as Agricultural zoning on the City of Terrell zoning map, the property features 2 established entrances & a gravel circle drive for excellent access & function. A massive 5,000 SF industrial awning & pavilion creates endless possibilities for covered storage, equipment parking, contractor operations, RV storage, event space, or future business use, subject to city approvals. Loaded with valuable improvements designed to help reduce operating costs, including 40 owned solar panels producing approximately 14.2 kWp peak power, a water well with secure pump house, two aerobic septic systems, shared electrical infrastructure, 2 established RV hookups, & a powered garage~storage building with dedicated solar panels & battery backup storage. With the Solar Advantage of 2 systems & a tested good water well, utility costs are kept to a minimum, creating a major benefit for business use, RV storage, contractor operations, or a family homestead. These improvements add exceptional value by reducing the need for costly utility setup while supporting flexible current & future use. Mature trees, open usable acreage, & a park-like setting provide an attractive balance of utility & aesthetics, with some flood plain at the back of the property. Whether looking for a long-term investment hold, future development, or a family homestead, this property offers flexibility that is difficult to replicate. Conveniently located near Hwy 34, Hwy 80, I-20, Downtown Terrell, & the DFW Metroplex, this is a rare chance to acquire a highly versatile property in one of Texas fastest-growing markets.

Location

State TX

County Kaufman

Zoning Agricultural

Direction Only 5 minutes from Downtown Terrell, head North on Hwy 34 for 3.5 miles, & make a left on N Frances St. Stay on N Frances for .4 miles & then, take a Right on County Road 318, in 700 feet, the property is on your Right, with chain gate across entry with combonation lock. Please note there is no SOP

Rooms

Other Rooms Garage(s), Storage

Interior

Fireplace No

Exterior

Exterior Feature Awning(s), Other, Storage

Parking Features Boat, RV Access/Parking

Fence None

Utilities Available Electricity Connected, Septic Available, Water Available

Water Access Desc Private,Well

Present Use Agricultural,Pasture

Road Frontage County Road

Private Pool No

Building

Lot Description Acreage, Cleared, Level, Many Trees, Sloped, City Lot

Sewer Aerobic Septic, Septic Tank

Water Private, Well

Additional Building Garage(s), Storage

Schools

Elementary Schools Long

Middle Schools Furlough

High Schools Terrell

School District Terrell Isd

Others

Tax ID 6822

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21311840

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(817) 449-7733

amcgee@mcgeeandcorealty.com

3620 The Star Blvd, Frisco, TX, 75034, USA

14076 County Road 318 Terrell, TX 75160