6 months on rocket

10350 County Road 305, Terrell, TX, 75160

$24,850,000

245.40 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20585647
Lot Size245.40 Acres
StatusActive

About 10350 County Road 305

The Terrell Galaxy is a 248.5-AC property with an AG exemption. It is situated within the city limits of Terrell. Location is perfect for a mixed-use development that can include Hwy Commercial, Multi-Family, Build-To-Rent, and Single-Family uses, among others. The property is situated along I-20 and County Rd 305. TxDOT bought the right-of-way from the previous owner to construct a frontage road, currently in the design phase. Construction is expected to begin soon. For more details, contact TxDOT. The Hwy Commercial portion is est. to be 31.7+ AC, which can accommodate a massive hwy corridor business district of 193,780 SF. Resid. portion is est. to be 216.8+ AC, allowing 926 single-family homes, with each lot est. to be ~ 6,000 SF in size & measuring 60 ft wide by 100 ft deep. Tract is not in 100 & 500-year flood zones per Survey.City of Terrell plans to bring utilities to the subject tract & other nearby developments. For more info on the utilities, plz contact the City of Terrell.

Property Details

Property Features

Listing Office:

  • Office Name: Beam Real Estate, LLC
  • Office Phone: (972) 484-6644
  • Listing Agent: Mani Jacob

Lot Features

Lot Information:

  • Lot: Agricultural, City Lot
  • Lot Size: 245.40 Acres

Other

Directions Information:

  • Directions: Please use GPs

Price Information

Listing Price Info

Price Summary:

  • List Price: $24,850,000
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Housing Market Comparison

See how this home compares to others in Terrell, TX.

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Terrell, TX

City

Med. List Price

$309.4K

Med. Price/SqFt

$181

Avg. Days On Market

99

# of Sold Homes

28

10350 County Road 305 vs Terrell

206 DAYS ON ROCKET

+107 Days

$24,850,000

+$24.5M More

KEY TAKEAWAY

This property is $24.5M more than the Median List Price in Terrell, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20585647

Listing Office:

  • Office Name: Beam Real Estate, LLC
  • Office Phone: (972) 484-6644
  • Listing Agent: Mani Jacob

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$124K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$74.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1855150
4
/10

  • Dr Bruce Wood Elementary School

  • 121 Poetry Rd

  • 3.46 miles

  • Public District Grades 3-6

school-card-donut-1855151
4
/10

  • Blackburn Elementary School

  • 2401 Concord St

  • 6.04 miles

  • Public District Grades PK-6

school-card-donut-1855152
4
/10

  • Smith Elementary School

  • 1750 Iron Gate Blvd

  • 6.60 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,429. Residents of Terrell, TX typically earn between $35k-100k each year. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10350 County Road 305

What is the listing price of this property?

The listing price of 10350 County Road 305 property is $24,850,000.

What type of property is this?

The property 10350 County Road 305 is land located in Terrell, Texas, 75160.

Is this property for sale now?

Active Listing: 10350 County Road 305 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 10350 County Road 305 is 245.40 acres.
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Rocket Homes›Texas›Kaufman County›Terrell›75160›10350 County Road 305

This home is located at 10350 County Road 305 in Terrell, TX and zip code 75160. This home sits on a 245.40 acre lot. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $24,850,000.

The number of listings in Terrell, TX increased by 9.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 99 days, the median list price was $309,416.

From Rocket Homes Real Estate and based on county public records data.

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