RARE OPPORTUNITY ZONE INVESTMENT WITH EXISTING INFRASTRUCTURE IN THE CITY OF TERRELL! Located on 5.2 acres within Terrell city limits & inside a designated IRS Opportunity Zone, this unique property offers exceptional potential for investors, developers, RV park operators, storage users, contractors, or buyers seeking a private homesite with room to grow. Previously platted into 2 lots & currently shown as Agricultural zoning on the City of Terrell zoning map, the property features 2 established entrances & a gravel circle drive for excellent access & function. A massive 5,000 SF industrial awning & pavilion creates endless possibilities for covered storage, equipment parking, contractor operations, RV storage, event space, or future business use, subject to city approvals. Loaded with valuable improvements designed to help reduce operating costs, including 40 owned solar panels producing approximately 14.2 kWp peak power, a water well with secure pump house, two aerobic septic systems, shared electrical infrastructure, 2 established RV hookups, & a powered garage~storage building with dedicated solar panels & battery backup storage. With the Solar Advantage of 2 systems & a tested good water well, utility costs are kept to a minimum, creating a major benefit for business use, RV storage, contractor operations, or a family homestead. These improvements add exceptional value by reducing the need for costly utility setup while supporting flexible current & future use. Mature trees, open usable acreage, & a park-like setting provide an attractive balance of utility & aesthetics, with some flood plain at the back of the property. Whether looking for a long-term investment hold, future development, or a family homestead, this property offers flexibility that is difficult to replicate. Conveniently located near Hwy 34, Hwy 80, I-20, Downtown Terrell, & the DFW Metroplex, this is a rare chance to acquire a highly versatile property in one of Texas fastest-growing markets.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.