Nice lot can be Residencial or Commercial! Seller will consider financing with 15 percent down 10 percent rate for 10 years!
12.664 +- acres of land in a growing and developing area with easy access to I-20 Hwy 80 in the city of Terrell. Current zoning for Senior Living Multi-Family SF - 7.5. It is approved for a 148-unit senior housing development. This property holds promise with its proposed use designation as a Traditional Neighborhood Feel. The property is located in TIF Zone 1 (Tax Increment Financing) offering tax incentives for developers and OZ (Opportunity Zone). This prime location offers an opportunity to capitalize on Terrell's growth.

Terrell is located in Texas. Terrell, Texas has a population of 17,083. Terrell is less family-centric than the surrounding county with 33.37% of the households containing married families with children. The county average for households married with children is 39.8%.
The median household income in Terrell, Texas is $57,904. The median household income for the surrounding county is $75,187 compared to the national median of $69,021. The median age of people living in Terrell is 34.4 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 41.8 inches per year, with 0.6 inches of snow per year.