$800,000
Off Market

1419 E Young Avenue

Temple, TX 76501
1326 sqft | 26.89 acres | #528755
Type:Purchase
Structure:Land
Zone:Residential

Description

ATTENTION DEVELOPERS AND INVESTORS!!
OWNER FINANCING available WITH 25% DOWN, 6 Yr Note at 5.5 %s. Proposed Subdivision Concept for general idea of what can be done on this piece of land in Pictures. 26.88 acres of prime farmland designated by City Of Temple for Corridor Mixed Use allowing for rezoning to RESIDENTIAL/Single or Multi Family and some Retail. City of Temple has expressed the possibility of cost sharing for a Lift Station - MUST BE NEGOTIATED BY DEVELOPER AND CITY. Adjacent Land Owner has agreed to sewer line easements. Located off Loop 363 in Temple, About 1.7 miles SouthEast of Buc-ee's and i35. Future Waterline and Road improvements have also been disclosed by the City. Electrical and Water along Young and Shell Avenues. This 26.88 tract of land will yield Approx 95-100 50'x120' residential lots, Aprox 70-80 60'x110' Lots for Duplex/Multi Family development. Old farm house and small wooden building on property of no value. Two turn of the century hand dug wells on property that have not been operational for over 80 years and will need to be filled in. Currently capped with concrete slab for safety purposes.

Location

The Dick Dallas AgencyReal Estate Group