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32193278

900 S ELM ST, ENNIS, TX 75119-6017 For Sale

KG
TX 0557213
EXP Commercial, LLC
Listed by EXP Commercial, LLC
$800,000
79 days on market
Updated 71 days ago
Opportunity zone

Ennis 56 lot development opportunity

Details
APN 186300
Property Type Land
Sub Type Residential
Units 1
Lot Size (SqFt) 507,205
Zoning R5
Sale Condition For sale by owner

Prime In-City Development Opportunity on S Elm

Marketing description

Land • 11.644 Acres • Prime development opportunity in the heart of Ennis! Situated at 900 S Elm Street, this approximately 11.65-acre property offers exceptional potential for residential development, investment, or future land hold. Existing R5 zoning may allow for 5,000-square-foot single-family lots, and a previously prepared site concept reflects the possibility of approximately 56 lots, subject to city approval and buyer verification. With water available at the site and sewer nearby, this tract is positioned for thoughtful growth in one of Ellis County’s expanding communities. Conveniently located near schools, local amenities, historic downtown Ennis, and major routes for commuting, this property offers the rare combination of acreage, location, and development potential inside city limits. Buyer and buyer’s agent to verify zoning, utilities, development requirements, schools, restrictions, and all information deemed important.

Investment highlights

900 S Elm Street presents a rare infill land opportunity in Ennis, Texas, offering approximately 11.65 acres in an established residential area with strong future-use potential.

The property features frontage along E Burnett Street and S Elm Street, with Bob Way dead-ending into the south side of the tract, creating multiple access points for future planning and development consideration.

Located within a designated Qualified Opportunity Zone, the site may offer potential tax advantages for eligible investors utilizing the appropriate investment structure. Buyers should consult their legal and tax advisors to verify eligibility and benefits.

The property may be well-suited for a variety of investment strategies, including residential development, buy-and-hold, land banking, or long-term portfolio positioning.

Prior concept information referenced the potential for up to approximately 56 single-family lots, subject to zoning, engineering, utility capacity, municipal approvals, and buyer verification.

Water is reported at the site, and sewer is reported at or near the site, with possible off-site improvements needed for capacity. Buyers should independently verify all utility availability, development requirements, access, zoning, floodplain, and feasibility.

Listing Contacts

KG
TX 0557213
EXP Commercial, LLC
Listed by EXP Commercial, LLC

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