Property Attributes
- MLS#20476516
- TypeLand
- CountyWOOD
- CityQuitman
- Zip75783
- StyleUnimproved Land
- Price$ 660,151
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size8.66 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Vanguard Real Estate Advisors has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase an entitled 8.66+- acre multifamily site which allows for up to 207 units out of a larger 10.88+- acre parcel in Quitman, TX. The City of Quitman is strategically located in East Texas approximately 85 miles east of Dallas and 35 miles north of Tyler. The Site is ideally located within the city center of Quitman and is zoned General Business which allows for multifamily development by right and has an executed Chapter 380 Agreement in-place providing a developer an incentive payment as well as tax reimbursements. The Site offers a unique opportunity to purchase a zoned site at a price well below market in an area primed for additional residential units. Ownership also has 2.155+- acres adjacent to the Site, which is slated for hospitality development that they would potentially consider selling in conjunction with the 8.66+- acre tract.
Elementary School |
---|
Quitman Elementary School |
Price History | |
---|---|
11/14/2023 | Listed $660,151 |
General Features
Development Status | City Limits,Zoned |
---|---|
Utilities | City Sewer,City Water |
Possession | Closing/Funding |
Easements | None |
Restrictions | No Known Restriction(s) |
School District | Quitman ISD |
Will Subdivide | No |
Property SubType | Unimproved Land |
Subdivision Name | None |
Zoning Description | General Business |
County | Wood |
Property Type | Land |
HOA Type | None |
Status | Active |
Directions | Head east on Goode Street and turn right on Goldsmith Street,property will be ahead on the left. |
City | Quitman |
Buyer Agent Compensation | 3 |
Elementary School Name | Quitman |
High School | Quitman |
Street Name | Goldsmith Street |
Elementary School | Quitman |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20476516 |
Standard Status | Active |
Junior High School | Quitman |
Buyer Agent Compensation Type | % |
Interior Features
Lock Box Type | None |
---|
Exterior Features
Lot Features | Acreage |
---|---|
Lot Size | 5 to < 10 Acres |
Lot Size Area | 8.6600 |
Lot Size Units | Acres |
Lot Size Square Feet | 377229.6000 |
Lot Size Acres | 8.6600 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool