0 Griffith Avenue/ Fully Permitted & Entitled Development

H-E-B has just bought 91 acres in the same corridor of subject property. Multifamily is coming there as well. This land is set in the vibrant city of Terrell, TX. This approved location offers an exceptional opportunity for developers interested in building residential homes. With approval for 28 homes, this prime site is perfectly situated to meet the growing demand for housing in the area. Take advantage of the community's dedication to local economic development and the convenience of nearby amenities such as the Tanger Outlets and local dining options. The location's accessibility to Interstate 20 further enhances its appeal, making it an ideal setting to create a new residential community. This is your chance to bring 28 new homes to life in a thriving and promising neighborhood, contributing to the city's ongoing growth and development.This is a fully packaged, turnkey development opportunity being offered to a qualified developer ready to capitalize on one of the most strategically advantaged residential projects in Kaufman County. The groundwork has already been done — a signed Development Agreement with the City of Terrell is in place, significant fee reductions have been negotiated, all necessary approvals have been obtained, and a comprehensive document package is included — so the incoming developer can focus entirely on building and selling. A fee of $7,250 has to be paid by buyer as a construction plat fee Minimum home size of 3,000 sq ft A/C. The sale conveys all rights, entitlements, and agreements associated with the project. This is a defined, de-risked, and high-return opportunity that rarely comes to market at this stage of readiness.