UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Subdivision Rose Gardens
MLS Listing ID 20500086
Annual Tax Amount $2,036
Lot Size 9.123 Acres
Acres 9.123
Lot Dimensions 430x923
Property Sub-Type Unimproved Land
Property Description
The site has 9.123 acres, perfect rectangular shape, and 429' of frontage on Elam Road. It is gently sloping with no FEMA flood plain. The frontage is zoned LR Local Retail, most of the balance is zoned MF-16 Multi-Family allowing 16 units per acre, and 2.5 acres is zoned Single Family. Townhome development would be ideal with two double loads of 82-foot lots. City staff said if multi-family, they would prefer market rate MF and NO tax credit. City water and city sewer mains are both nearby. Seller is motivated to get this sold.
Location
State TX
County Dallas
Zoning Mid-Density Res, SFR, and some Local Retail
Direction From IH-635, go east on Elam Road 4 tenths of a mile, and property on the left or north side of Elam Road.
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Garage No
Building
Lot Description Acreage, Interior Lot, Many Trees
Others
Ownership LINVIC & Village Castle
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Owner/ Agent
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Therese Johnson
Broker Associate | License ID: 0634934
Broker Associate License ID: 0634934