$1,040,000
429 FM · Terrell, TX, 75161
About this home
Located in Terrell, TX, this 16 acres commercial acreage presents a rare opportunity for development in a high-visibility. Currently undeveloped, the property offers a blank slate for a wide range of commercial or mixed-use possibilities. Property sits within the ETJ of Terrell, offering development flexibility outside city limits and fewer zoning restrictions. Also Located in a Federally Designated Opportunity Zone: Deferral of capital gains taxes Reduction of capital gains for long-term holds Potential elimination of taxes on new gains after 10 years Located in Terrell 956 FT Along FM 429 10 min to Terrell Exceptional Access: Not in FEMA flood zone
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Listing courtesy of Berkshire HathawayHS PenFed TX. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.