$389,000
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.
21311840
MLS
14076 County Road 318, Terrell