000 Eason Street, Terrell, TX

$790,000

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8.50

Acres

About 000 Eason Street

8.5 acres of FULLY ENTITLED, DEVELOPMENT AGREEMENT in place for 36 SFR homes. The site plan has been FULLY APPROVED by the City of Terrell. The Development Agreement is available upon request, along with the plat, GEO report and Civil Engineering. This site is SHOVEL READY with all utilities and infrastructure in place to easily tie into. The City is offering TIRZ to reimburse the developers cost to bring utilities to each homesite, and put in the road. Highlights in the DA specify the following details... Cost for utilities would fall under impact fees within the development agreement which is intact. The city will be funding the majority of the infrastructure costs, reimbursing the developer through TIRZ. In consideration of the Eason Street improvements, The City of Terrell agrees to credit one hundred percent (l00%) of the Transportation Roadway Impact Fees. The City of Terrell also agrees to provide an amount equal to, for each residence with a homestead exemption, three (3) years of seventy-five percent (75%) of reimbursement of maintenance and operation property taxes. Please contact listing agent for additional information.

Features of 000 Eason Street

MLS® # 20895376
Price $790,000
Bathrooms 0.00
Acres 8.50
Type Commercial Sale
Sub-Type Unimproved Land
Status Active

Community Information

Address 000 Eason Street
Subdivision Terrell Rev
City Terrell
County Kaufman
State TX
Zip Code 75160

Amenities

Utilities City Sewer, City Water, Electricity Available, See Remarks
Is Waterfront No
Pool On Property No

Interior

Fireplace No

Exterior

Lot Features Acreage, Cleared, Other, Subdivision

Additional Information

Special Notes. Aerial Photo, Survey Available
# Units 36
Zoning Fully Approved Residential Development for 36 SFR units. TIRZ available to developer to reimburse for improvements, including road, Water Sewer available to tie into in site. Oncor to bring power lines to each SFR unit.

Listing Details

AgentKimberly Woodul
OfficeEbby Halliday, REALTORS
Contact Info2143927303

Listing Map

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