Commercial Development Land with Opportunity
429 FM, Terrell, TX 75161
- Added:
- Jan 31, 2026
- Days on Market:
- 123
- Last Refresh:
- Jun 3 at 1:06 am
Property Features for 429 FM
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 14151
- Lot size
- 16.00 Acres
Listing agent Ada Zhang License #0781147 (866) 225-5778
Listing office Berkshire HathawayHS PenFed TX Flower Mound, TX (214) 257-1111
Listing date Jan 31, 2026
MLS# 21019239
Listing URL
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HighLights
- 16‑acre undeveloped commercial acreage in Terrell, TX, ready for development of commercial or mixed‑use uses
- 956 ft of frontage along FM 429
- Located in the ETJ of Terrell, offering development flexibility outside city limits
- Property is within a federally designated Opportunity Zone
- Not in a FEMA flood zone
- About 10 minutes to Terrell
Overview
This undeveloped commercial acreage in Terrell offers a blank-slate development opportunity on 16 acres. The property is positioned for buyers who want flexibility to shape an eventual commercial or mixed-use project, with no existing improvements described in the listing. It also sits within the ETJ of Terrell, which the listing notes can provide development flexibility outside city limits and fewer zoning restrictions than inside city boundaries.
The land includes approximately 956 feet along FM 429, providing direct main-road exposure. The listing describes the location as having exceptional access and not being located in a FEMA flood zone. It is also identified as being within a federally designated Opportunity Zone, which may support potential tax advantages for qualifying long-term holds, including possible deferral and reduction of capital gains, and potential elimination of taxes on new gains after 10 years.
For investors and developers, this site may be attractive where a straightforward, ground-up plan is desired and where Opportunity Zone positioning is a key part of the acquisition thesis. The combination of main-road frontage, ETJ flexibility, and flood-zone status can support a range of commercial development concepts, subject to applicable approvals.
The land includes approximately 956 feet along FM 429, providing direct main-road exposure. The listing describes the location as having exceptional access and not being located in a FEMA flood zone. It is also identified as being within a federally designated Opportunity Zone, which may support potential tax advantages for qualifying long-term holds, including possible deferral and reduction of capital gains, and potential elimination of taxes on new gains after 10 years.
For investors and developers, this site may be attractive where a straightforward, ground-up plan is desired and where Opportunity Zone positioning is a key part of the acquisition thesis. The combination of main-road frontage, ETJ flexibility, and flood-zone status can support a range of commercial development concepts, subject to applicable approvals.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Terrell
- County
- Kaufman
- State
- Texas
- Longitude
- -96.2443
- Latitude
- 32.7461
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Undeveloped commercial land with high-visibility access on FM 429 and federally designated Opportunity Zone benefits.
Where is this commercial land located?
The property is located at 429 FM Terrell, TX.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: 16‑acre undeveloped commercial acreage in Terrell, TX, ready for development of commercial or mixed‑use uses; 956 ft of frontage along FM 429; Located in the ETJ of Terrell, offering development flexibility outside city limits
