Current Use by Public Records
- Land
Property Details for 0 Morgan Rd & Dilworth Rd
- Lot size
- 79.60 lot acres
- Property type
- Land
Description
This exceptional 79.6-acre commercial land parcel presents a unique investment opportunity in Ellis County, Texas. Located in Italy, TX, this largely flat, developable tract is situated near the only elementary school in town, suggesting strong potential for residential development. The property's strategic location offers significant advantages. It's conveniently positioned approximately 2,500 feet from Italy's central business district (CBD), 450 feet from US 377, and 3,100 feet from I-35E, ensuring excellent accessibility. A key feature is its proximity to the soon-to-be-constructed Highway 34 bypass, which will intersect the southwestern edge of the property, creating over 3,000 feet of potential frontage on both sides of the bypass. This significant road improvement promises increased visibility and accessibility, further enhancing the property's value. Currently unzoned and outside city limits, this expansive tract offers flexibility for various development plans, including single-family residential or investment opportunities. Water service is provided by the South Ellis County Water Supply Corp. This is one of the largest remaining tracts in the area, making it an exceptional opportunity for developers seeking a substantial land holding with significant future growth potential. The property is offered for sale by owner at $1,751,200.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Italy
- County
- Ellis
- State
- Texas
- Longitude
- -96.8978
- Latitude
- 32.1476
