Land For Sale • 248.5 AC
Welcome to **The Terrell Galaxy** (formerly known as Lechner Farms), a sprawling 248.536-acre property with immense development potential within the city limits of Terrell, Texas. This property, currently holding an agricultural exemption, presents a rare opportunity for a mixed-use development featuring Highway Commercial, Multi-Family, Townhomes, Build-To-Rent (BTR), Single-Family, and other residential options. **Prime Location and Accessibility** Situated along Interstate I-20 with approximately 900 feet of highway frontage, the property also offers access from County Road 305. Over 30,000 vehicles pass by daily on I-20, providing excellent visibility and traffic exposure. The Texas Department of Transportation (TxDOT) acquired the right-of-way for a future frontage road more than a couple of years ago, with construction expected to start soon. TxDOT’s detailed schematic plan is available for review, and additional information can be obtained directly from TxDOT. **Development Potential** - **Highway Commercial**: The designated commercial portion of 31.7+ acres along I-20 supports a substantial highway corridor business district of 193,780 square feet, perfect for large-scale retail, office spaces, and service businesses. - **Residential Development**: The remaining 216.8+ acres are zoned for Light Residential, allowing for approximately 926 single-family homes on lots measuring 6,000 square feet (60 feet wide by 100 feet deep). **Infrastructure and Utilities** The City of Terrell is proactively enhancing utility access to support growth in this high-demand area: - **Water**: A new 16-inch water line extension is underway, supported by a city-issued letter from July 2024. A nearby water tank further bolsters water availability. - **Sewer**: Terrell’s development plan includes coordinating with adjacent developments to establish sewer access for the site. Additional utility details can be obtained from the City of Terrell. **Surrounding Developments and Amenities** Terrell Galaxy is surrounded by prominent developments, including Buc-ee's, The Crossroads at Terrell, Terrell Market Center, and the future Baylor Hospital. Nearby amenities include hotels, restaurants, shopping centers, car dealerships, and a range of logistics centers such as Walmart, Goodyear, Russell Stover, and AutoZone distribution centers. The Eastland and Las Lomas developments are also nearby, with Eastland’s upcoming 180+ acres of commercial zoning adding further value to the area. Additionally, planned developments like Arboretum Estates are set to elevate this vibrant region even more. **Flood Zone Status** According to the survey and FEMA flood maps, the property does not fall within 100 or 500-year flood zones, providing added security and flexibility for future development plans. **Investment Opportunity** Given the Terrell market’s robust growth and increasing demand for commercial and residential spaces, The Terrell Galaxy is a prime opportunity for developers and long-term investors seeking a high-visibility, mixed-use site in one of the most dynamic areas in Texas. *Please note that all information in this listing is deemed reliable but is not guaranteed. Buyers and their agents must verify all details independently.*
Prime location with frontage on I-20, benefiting from high traffic volume (30K+ vehicles per day). |
Proximity to significant developments like Buc-ee's, The Crossroads at Terrell and more. |
Suitable for diverse development projects, including mixed-use and master-planned communities. |
Positioned within Terrell city limits, a key economic hub. |
In close proximity of many future developments such as Arboretum Estates. |