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3 Fm 1388 - Valuable Corner on Highway 34 for Commercial
4.36 Acres of Commercial Land Offered at £1,485,873 in Kaufman, TX 75142
Investment Highlights
- Kaufman annual growth rate 2%-3%
- One hour from Dallas
- Property has been owned by same family for multiple generations
Executive Summary
Contact listing broker for more information.
This ranch is being offered For Sale and is Exclusively Listed by Shelle Carrig & Harlan Ray & David Burgher of Briggs Freeman Sotheby’s International Realty. Buyer’s brokers must be identified on first contact and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of the Listing Broker. Prospects may be required to provide proof of funds prior to scheduling a showing.
Property Facts
1 Lot Available
Lot
Price | £1,485,873 | Lot Size | 4.36 AC |
Price Per AC | £340,796 |
Price | £1,485,873 |
Price Per AC | £340,796 |
Lot Size | 4.36 AC |
This property is prime for development with the city of Kaufman growing 2%-3% per year. Both water and electricity are available to this tract of land. A city water line runs in front of the property on S Houston Street.
Description
A valuable hard corner location on HWY 34 at FM 1388 in Kaufman, TX. The property has been owned and well cared for by the same family for multiple generations. Location: The property is located less than one hour from Dallas in the city of Kaufman on the westside of FM 1388 and the intersection HWY 34, which loops around Kaufman, TX. Road Frontage/Access: The property has 499 ft of frontage on FM 1388/Houston Street. Development Potential: This property is prime for development with the city of Kaufman growing 2%-3% per year. Both water and electricity are available to this tract of land. A city water line runs in front of the property on S Houston Street. Current Zoning: The property is located in the city limits of Kaufman and zoned for commercial/retail. City Demographics/Schools: As of 2018, Kaufman had an estimated population of 7,500 people residing within the city limits with an annual growth rate of 2%-3%. The subject property is served by the following Kaufman ISD schools – Nash Elementary School, Norman Junior High School, Kaufman High School.
PROPERTY TAXES
Parcel Number | 5274 | Improvements Assessment | £0 |
Land Assessment | £891,625 | Total Assessment | £891,625 |
PROPERTY TAXES
zoning
Zoning Code | C2 (Commercial Retail) |
C2 (Commercial Retail) |
Presented by
3 Fm 1388 - Valuable Corner on Highway 34 for Commercial
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