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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Jm Alexander Survey
MLS Listing ID 20020272
Sold Date 07/22/22
HOA Y/N None
Annual Tax Amount $1,033
Lot Size 12.820 Acres
Acres 12.82
Property Description
Nearly 13 Acres on State Highway 78 located between Farmersville and Blue Ridge. Highway frontage property with potential to be a highly valued property in the future. Currently used for agricultural use with native grass. This property has growth potential once it is built up a little and you get passed the easements. The seller is being completely upfront here about the property's location in the floodplain, but don't let that deter you. This is a great location for business. See the City of Farmersville Land Use & Future Thoroughfare Plan maps to find this property will certainly become more and more valuable in the future. Blue Ridge and Farmersville are both growing as progress continues to push to the east from Princeton and Melissa. If you are just looking for something to hold onto for a little while with very little maintenance and low taxes, this is could be one worth grabbing. Buyer responsible for all due diligence and care. Located 5 mi to US-380 and 11.5 mi to TX-121.
Location
State TX
County Collin
Zoning Located in the Farmersville ETJ, but not zoned
Direction Property is on the right 4.6 miles from US 380 in Farmersville. 0.6 Miles from FM2756 and CR617. There is an open drive in the bridge to this property. SIY
Exterior
Utilities Available Concrete, Electricity Available, Outside City Limits, Overhead Utilities, Underground Utilities, Unincorporated
Street Surface Asphalt,Concrete
Lot Frontage 797.0
Garage No
Building
Lot Description Acreage, Agricultural
Schools
School District Farmersville Isd
Others
Restrictions Easement(s),Pipeline
Ownership Coyote Crossing
Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank, Owner Will Carry, Texas Vet
Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank, Owner Will Carry, Texas Vet
Financing Cash
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Bought with Keri Askew • Diversified Realty Consultants
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