71.5-Acre Residential Development
PID/TIRZ Bond Financing and Utility Capacity
Marketing description
Call Steven at 361-905-5000 or at steven@newsoutherncommercial.com
Residential Infill Development
PID/TIRZ Bond Financing
Seller Financing & Land Participation Available
Alice Undersupply of 1,170 Units (2023 Alice/EDC Housing Report)
Site Detail:
Flood Area: 25%
Location: City of Alice, Texas
Tax Rate: 2.719313
ISD: Alice
Water - 6” along Nopal St.
Sewer - 18” along Nopal St.
Lift Station - Alice does not use lift stations
Storms/Drains – Located along center of property to 24” along Lattas Creek
Property may be eligible for PID/TIRZ special purpose taxing district financing. Includes 33.4-acre plus 38.1-acre contiguous tracts with 2,400 feet of frontage along Lattas Creek. Owner may consider individual tract sale, land participation development, seller financing and/or developing finished lots with lot contracts in place. Located 1.4 miles south of Texas 44 connecting directly to Corpus Christi and 4.0 miles east of US-281 located between San Antonio and McAllen.
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