10350 County Road 305, Terrell TX, 75160
(Active)
$24,850,000
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MLS# 20585647
Last Updated: 5/1/2024 7:32 PM
Description for
10350 County Road 305
Terrell, TX 75160
The Terrell Galaxy is a 248.5-AC property with an AG exemption. It is situated within the city limits of Terrell. Location is perfect for a mixed-use development that can include Hwy Commercial, Multi-Family, Build-To-Rent, and Single-Family uses, among others. The property is situated along I-20 and County Rd 305. TxDOT bought the right-of-way from the previous owner to construct a frontage road, currently in the design phase. Construction is expected to begin soon. For more details, contact TxDOT. The Hwy Commercial portion is est. to be 31.7+ AC, which can accommodate a massive hwy corridor business district of 193,780 SF. Resid. portion is est. to be 216.8+ AC, allowing 926 single-family homes, with each lot est. to be ~ 6,000 SF in size & measuring 60 ft wide by 100 ft deep. Tract is not in 100 & 500-year flood zones per Survey.City of Terrell plans to bring utilities to the subject tract & other nearby developments. For more info on the utilities, plz contact the City of Terrell.
Price
$24,850,000
A0202 - JNO C HALE
Kaufman
20585647
Active
Description
The Terrell Galaxy is a 248.5-AC property with an AG exemption. It is situated within the city limits of Terrell. Location is perfect for a mixed-use development that can include Hwy Commercial, Multi-Family, Build-To-Rent, and Single-Family uses, among others. The property is situated along I-20 and County Rd 305. TxDOT bought the right-of-way from the previous owner to construct a frontage road, currently in the design phase. Construction is expected to begin soon. For more details, contact TxDOT. The Hwy Commercial portion is est. to be 31.7+ AC, which can accommodate a massive hwy corridor business district of 193,780 SF. Resid. portion is est. to be 216.8+ AC, allowing 926 single-family homes, with each lot est. to be ~ 6,000 SF in size & measuring 60 ft wide by 100 ft deep. Tract is not in 100 & 500-year flood zones per Survey.City of Terrell plans to bring utilities to the subject tract & other nearby developments. For more info on the utilities, plz contact the City of Terrell.
Listing Information
| Property Type: Land, Other | ||
| 245.4 Acres | Agricultural, Cattle, Commercial, Development, Investment, Multi-Family, Pasture, Ranch, Residential, Other | |
A0202 - JNO C HALE
Electricity Available
Agricultural, Cattle, Grazing
Neighborhood
School Information
| District: Terrell ISD | ||
| Burnett | Furlough | Terrell |
Room Information
Exterior / Lot Features
Commercial
Agricultural
Driving Directions
Please use GPs
Financial Considerations
| 7668 |
| $493 |
1031 Exchange, Cash, Conventional
Listing Price History
Terrell Real Estate
Terrell is located in Texas. Terrell, Texas 75160 has a population of 16,833.
The median household income in Terrell, Texas 75160 is $57,971. The median household income for the surrounding county is $74,741 compared to the national median of $66,222. The median age of people living in Terrell 75160 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/12/2024 | Active | $24,850,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $748 USD | 179.30% | $31,779 USD | - |
| 2022 | $268 USD | 101.21% | $31,779 USD | 544.74% |
| 2021 | $133 USD | -91.38% | $4,929 USD | - |
| 2020 | $1,543 USD | 345.78% | $4,929 USD | -70.16% |
| 2013 | $346 USD | - | $16,520 USD | - |