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Shelly St Kingsville, TX 78363

For Sale
$737,000

11.3 Acres, 38 Lots Possible

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional 11.3-acre commercial and residential land parcel presents a prime infill development opportunity in Kingsville, Texas. Zoned for residential use, the property is already platted for 38 lots, offering significant potential for immediate development. Located in Kleberg County, the site boasts convenient access to major roadways and is situated near Kingsville's thriving retail corridor, including HM King High School, Christus Spohn Hospital, Southgate Mall, Marriott and Hampton Inn hotels, Lowe's, Walmart, various auto dealerships, chain restaurants, and other retail establishments. Its proximity to Texas A&M University-Kingsville (3 miles southeast) and Naval Air Station Kingsville (2 miles west) further enhances its appeal. The property benefits from readily available utilities, including 8-inch water lines along Shelly Street or 6-inch lines along East Ailsie Avenue, 16-inch sewer lines along the property's north side or 12-inch lines behind the Hampton Inn, and a lift station located half a mile north. The site is outside of any flood zones, and the Kingsville Independent School District serves the area. The property's tax rate is $3.194259. This strategic location is poised to benefit from the substantial growth projected for Kingsville, fueled in part by Occidental Petroleum's recent announcement of a $40 billion carbon capture plant and the addition of approximately 12,000 jobs to Kleberg County. The seller may consider financing options and land participation. This is an unparalleled opportunity to capitalize on Kingsville's expanding market and strong demand for both for-sale and rental housing units. A recent report (December 2021, RCLCO) indicated an annual demand of 46 for-sale and 104 for-rent units in Kleberg County.

Property Features for 0 Shelly St

General Information

Property type
Land
Lot Size
492,228 SF

HighLights

  • 11.3‑acre commercial/residential land parcel in Kingsville, TX, platted for 38 lots.
  • Prime infill development opportunity with convenient access to major roadways and retail amenities, including proximity to Texas A&M University‑Kingsville and Naval Air Station Kingsville.
  • Ready access to utilities (water, sewer). Located outside flood zones, served by Kingsville ISD.
  • Tax rate: $3.194259 per $100 of assessed value. Seller may consider financing/land participation.
  • Strong demand for housing fueled by projected growth, including Occidental Petroleum's planned carbon capture plant and associated job creation.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Kingsville
County
Kleberg
State
Texas
Longitude
-97.85166341919
Latitude
27.494034363832

FAQs

What type of property is this?
Land - 11.3 Acres, 38 Lots Possible
Where is this land located?
The property is located at Shelly St Kingsville, TX.
What is the asking price?
The asking price for this property is $737,000.
What are key features of this property?
This property features: 11.3-acre commercial/residential land parcel in Kingsville, TX, platted for 38 lots.; Prime infill development opportunity with convenient access to major roadways and retail amenities, including proximity to Texas A&M University-Kingsville and Naval Air Station Kingsville.; Ready access to utilities (water, sewer). Located outside flood zones, served by Kingsville ISD.
More about this property
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