Listed by Younger Partners
$1,200,000
±3.226 AC of Land
Details
Property Type Land
Sub Type Commercial
Acreage 3.226
Zoning MF-1
Sale Condition For sale by owner
Land | 3.226 acres
Marketing description
Rare Development Opportunity in the Heart of Ennis, Tx!
Consider this rare opportunity to develop 21 duplexes (42 units) in the heart of Ennis, Texas. The offer includes a full set of engineering plans ready to submit for site construction permits. Area rents suggest a fantastic investment opportunity. Ennis continues to grow at a rate of about 5% yearly, creating the demand for more housing.
Investment highlights
- 21 duplex paper lots (42 units)
- Engineering Plans available: Phase I - Offsite Water and Sanitary Sewer Connections; - Phase II - Site Construction
- Zoning: The Multi-Family Residential district 1 (MF-1) is established to provide opportunities for medium- density multi-family residential uses with a maximum density of 18 dwelling units per acre, which are designed to be compatible with their sites and surroundings.
- Schools: 3 Ennis ISD Schools within 1/2 mile of site (Early Childhood Center, Elementary School, Intermediate School and High School.
Listing Contacts
Listed by Younger Partners
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