11.5 Acres of Ag Exempt Commercial land in Ennis TX off 287
Payment Options
Property Information
Parcel Size
11.491 Acre
State
Texas
County
Ellis
Nearest Cities
Ennis
Parcel Number
141172
Address
9080 W ENNIS AVE, ENNIS, TX 75119
Legal Description
670 S MAYFIELD 11.491 ACRES
Annual Property Taxes
$32.00
Features
Acres
11.491
Dimension
1,403.29 ft x 1,210.77 ft x 390.32 ft x 576.01 ft
County
Ellis
Access
Paved Road
Power
Available, but not connected
Water
Available, but not connected
Coordinates
32.32820428179933, -96.73319917189427
Zoning
Commercial with an AG exemption
Elevation
492 Ft
Map Directions
Gold, Silver & Dirt. Put your cash in this land and let inflation and appreciation do the rest!
This land is ideal for buy and hold investors looking to diversify out of cash into prime real estate. Appreciation in value will outstrip holding costs due to the negligible property taxes of only $31.55 per year! If you are looking for a safe place to park some cash in this uncertain economy but don’t want to pick up another management headache in the process, please read on to learn more about this excellent and truly passive investment opportunity.
This 11.5 Acre commercially zoned section has 390 feet of frontage along the Northbound side of HWY 287 and is located about 1 mile West of the extremely popular “Texas Motorplex”. This section of land is poised to be right in the middle of future commercial development and urban sprawl in Ellis County TX, but that hardly scratches the surface. . .
The location is somewhat central between Dallas and Ft. Worth with a comparable southerly commute from either major city. It is also centrally located East to West between downtown Ennis (population ~20k) and Waxahachie (population ~40k), both of which have steady population growth stats that have been on the incline for decades (although more recent growth trends appear to be on the incline).
A highway crossover/turnaround is located directly across from the property providing easy access for commuters on either side of 287. This makes access equally convenient for both North and Southbound drivers.
If buy and hold is not your angle, but you love this location, this land would also make a terrific re-zoning play for residential subdivides. Of course, you can keep the commercial zoning and get right to work bringing your plans to fruition. Whatever your land needs are, you really cannot go wrong with this location. How does it go…. Build it and they will come! lol
Located in an Opportunity Zone.
Note: Private Property Lands holds an equitable interest and the exclusive right to buy this land which may be assigned to you. All reasonable offers will be considered.