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Griffith Ave - Fully Permitted & Entitled Development Lot • Terrain commercial • 13,38 Acres • 2 007 442 $ CAD • Terrell, TX 75160



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Faits saillants de l'investissement
- Fully entitled and development-ready parcel with all City of Terrell approvals secured for 28 luxury home lots with a gated community
- H-E-B just bought 91 acres in the same corridor of the land. H-E-B do their research before they buy and know what's coming to the area
- Significant incentive savings, including reduced impact fees and tax exemptions for early development.
- Comprehensive documentation, including civil plans, grading, and surveys, provided for buyer convenience.
- Prime location near I-20, FM 148, and close to retail, outlets, and community amenities.
- City assumes long-term street maintenance responsibilities, reducing future developer costs.
Résumé de l'annonce
This fully entitled and permitted residential development site offers an extraordinary opportunity in Kaufman County, one of the fastest-growing areas in the U.S. A signed Development Agreement with the City of Terrell is already in place, with all entitlements and approvals secured and a detailed document package prepared for seamless execution. The property supports the creation of 28 premium lots, each with a minimum lot size of 14,000 square feet, enabling the development of homes with a minimum size of 3,000 square feet with air conditioning.
The site provides full flexibility—buyers can choose to build independently or collaborate on community design and construction. The sale includes all rights, entitlements, and agreements associated with the project. Incentives include a 50% property tax exemption for three years and City-maintained streets for long-term reduced ownership burdens. Situated near major routes such as I-20 and FM 148, this offering allows quick access to the Dallas-Fort Worth Metroplex, Tanger Outlets, and regional amenities. Backed by recent economic confidence demonstrated by significant area investments, this property is positioned for strong absorption and premium pricing in a growing residential market.
The site provides full flexibility—buyers can choose to build independently or collaborate on community design and construction. The sale includes all rights, entitlements, and agreements associated with the project. Incentives include a 50% property tax exemption for three years and City-maintained streets for long-term reduced ownership burdens. Situated near major routes such as I-20 and FM 148, this offering allows quick access to the Dallas-Fort Worth Metroplex, Tanger Outlets, and regional amenities. Backed by recent economic confidence demonstrated by significant area investments, this property is positioned for strong absorption and premium pricing in a growing residential market.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 2 007 442 $ CAD | Taille du lot | 13,38 AC |
| Prix par AC | 150 033,00 $ CAD |
| Prix | 2 007 442 $ CAD |
| Prix par AC | 150 033,00 $ CAD |
| Taille du lot | 13,38 AC |
Description
13.398-acre residential land tract located on Griffith Avenue in Terrell, TX. The property has an executed Development Agreement with the City of Terrell, and approvals have been secured for 28 lots. Located south of Interstate 20 and near FM 148, the site provides convenient access to the Dallas-Fort Worth Metroplex and surrounding amenities. Future street maintenance will be undertaken by the city.
Plutôt practicable à pied
20/100
Exceptionnellement facile d'accès en voiture
100/100
Assez praticable en vélo
30/100
Impôts fonciers
| Numéro de lot | 41661 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 1 206 $ CAD | Évaluation totale | 1 206 $ CAD |
Impôts fonciers
Numéro de lot
41661
Évaluation du terrain
1 206 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 206 $ CAD
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Griffith Ave - Fully Permitted & Entitled Development
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