429 Terrell Tx 75160 Terrell, TX 75160

Property Details for 429 Terrell Tx 75160

Lot size

188.24 lot acres

Property type

Land

Description

This exceptional 188.24-acre commercial land tract presents a unique investment or development opportunity in Terrell, Texas. Strategically located off FM 429, the property boasts over 3,500 feet of road frontage, providing excellent visibility and accessibility. Its prime location offers quick access to US Highway 80 via FM 429, and State Highway 34 via US 80 or County Road 319, ultimately connecting to Interstate Highway 20. According to the City of Terrell's Future Thoroughfare Map, FM 429 is designated as a proposed Type A Major Thoroughfare, and nearby County Road 319 is a proposed Type B Major Thoroughfare. A proposed Type D Collector Street is planned to bisect the property, creating further connectivity between FM 429 and the principal State Highway 34 arterial. This potential road network could result in the property having two corner locations. The property benefits from the proximity of City of Terrell water and sewer utilities. Adding to its appeal, this land is situated within an Opportunity Zone and is served by the Terrell Independent School District. Currently, an agricultural tax exemption and lease are in place. This presents a compelling investment opportunity with significant long-term potential.