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    10325 County Road 304 Terrell, TX 75160

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    For Sale
    $2,300,000

    12.664 acres approved for 148-unit senior housing development.

    Lot size:
    12.66 Acres

    Property Features for 10325 County Road 304

    General Information

    Lot size
    12.66 Acres

    Source: Ebby Halliday Realtors Agent Joseph Adamo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Terrell Land Approved for Development

    The property consists of 12.664 acres of land situated in an area experiencing growth and development, with convenient access to I-20 and Highway 80 within the city of Terrell. The current zoning is designated for Senior Living Multi-Family SF - 7.5. The site is approved for the construction of a 148-unit senior housing development. The proposed use designation for the property is a Traditional Neighborhood Feel. Located within TIF Zone 1 (Tax Increment Financing), the property offers potential tax incentives for developers, and it is also situated within an Opportunity Zone. This location presents an opportunity to capitalize on the growth of Terrell.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.306946
    Latitude
    32.705975

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    FAQs

    What type of property is this?
    Land - 12.664 acres approved for 148-unit senior housing development.
    Where is this land located?
    The property is located at 10325 County Road 304 Terrell, TX.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Approved for a **148-unit senior housing development**.; - Located in TIF Zone 1 (Tax Increment Financing) offering tax incentives.; - Situated in an OZ (Opportunity Zone).
    Request Owner's contact information
    10325 County Road 304 Terrell, TX 75160
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    Terrell, TX 75160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10325 County Road 304 Terrell, TX 75160
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