0 Griffith Avenue/ Fully Permitted & Entitled Development , Terrell, TX for sale

Investment Overview

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.

Investment Highlights

• Fully Entitled & Permitted— Development Agreement already signed with the City of Terrell
• All Approvals Secured — No entitlement risk, no delays, no surprises
• Complete Document Package Included — Civil plans, grading plans, soil test, topo, tree & stakes surveys
• Final Plans & City Approval Guaranteed — Seller committed to delivering before closing
• Maximum Flexibility — Build independently or collaborate on home design and construction
• Significant Fee Savings — $750,000 in impact fee reductions already negotiated
• Tax Incentives in Place — 50% property tax exemption for 3 years per home built goes back to developer
• Zero Competition — Only luxury gated community in Terrell
• Premium Location — Downtown Terrell, the most in-demand residential area in Kaufman County
• Scenic Lake Views — Natural amenity that drives buyer demand and premium pricing
• City Assumes Street Maintenance — Long-term cost burden off the developer