About 429 Fm
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
Features of 429 Fm
| MLS® # | 21019239 |
|---|---|
| Price | $1,040,000 |
| Bathrooms | 0.00 |
| Acres | 16.00 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 429 Fm |
|---|---|
| Subdivision | Sa & Mg Rr Co Surv Abs #521 |
| City | Terrell |
| County | Kaufman |
| State | TX |
| Zip Code | 75161 |
Amenities
| Utilities | Electricity Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage |
|---|
School Information
| District | Terrell ISD |
|---|---|
| Elementary | Burnett |
| Middle | Furlough |
| High | Terrell |
Financial Information
| HOA | None |
|---|
Additional Information
| Zoning | Unzoning |
|---|
Listing Details
| Agent | Ada Zhang |
|---|---|
| Office | Berkshire HathawayHS PenFed TX |
| Contact Info | 949-637-7735 |