Current Use by Public Records
- Land
Property Details for 0 Tx-34
- Lot size
- 3.00 lot acres
- Property type
- Land
Description
This exceptional 3-acre commercial land parcel in Terrell, Texas, presents a unique investment opportunity. Located in Kaufman County, zip code 75160, this property boasts an approved plan for the construction of sixteen townhomes. The site is situated along a street frontage, ensuring high visibility and convenient access for future residents. Importantly, this location is designated as a Qualified Opportunity Zone (QOZ), offering potential tax advantages for investors. The permitted zoning is multifamily, making this project ideal for developers seeking to capitalize on the growing demand for rental housing in the area. The existing approved plan streamlines the development process, minimizing pre-construction hurdles. This turnkey opportunity allows for immediate commencement of construction, offering a swift path to generating rental income. The property's location in Terrell, Texas, provides access to local amenities and a growing community. This is a rare chance to acquire a fully permitted, ready-to-build townhome development in a thriving Qualified Opportunity Zone. Detailed plans are available upon request. This is an exceptional opportunity for investors seeking a high-return, low-risk venture.
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
- Terrell
- County
- Kaufman
- State
- Texas
- Longitude
- -96.2722
- Latitude
- 32.7399
