1250 SHANNON ROAD W, SULPHUR SPRINGS, TX 75482

Homes for sale in Sulphur Springs.

Homes for sale in 75482.


Active

List Price$6,251,000

1250 Shannon Road W

Sulphur Springs, TX 75482

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21307324

Commercial

Type

About This Property

Rare I-30 Investment Opportunity!!! Large acreage tracts with direct access to Interstate 30 are becoming increasingly difficult to find, making this 62.51-acre tract (more or less) a truly exceptional offering. Opportunities of this size, with I-30 service road frontage and road access on all four sides, are virtually nonexistent in today's market. Positioned in the path of growth surrounding Sulphur Springs, this property offers tremendous future development potential for residential, commercial, mixed-use, or investment purposes. Few properties can match the combination of acreage, accessibility, visibility, and strategic location offered here. With interstate exposure and multiple access points, developers have the flexibility to create a variety of projects while benefiting from excellent connectivity and traffic counts. Adding to its appeal, the property currently generates income through a leased brick home and benefits from an agricultural exemption, allowing investors to offset holding costs while planning for future development. Properties of this size with I-30 frontage and development potential rarely come available--and there is currently nothing comparable on the market offering this combination of acreage, access, visibility, and long-term opportunity. This is a chance to secure a premier tract in one of Northeast Texas' growing corridors before future development drives values even higher.

Property Features

Location Information

County

Hopkins

Subdivision

Town: Sulphur Springs

Interior Features

Has Fireplace

No

Cooling

Central Air

Heating

Central

Exterior Features

Construction

Brick

Zoning

Residential

Utilities

Overhead Utilities, Sewer Available, Water Available

Road Description

City Street, Interstate, Other, State Road, All Weathe

Lot Description

Acreage

Is One Story

No

Lot Size in Acres

62.51

Lot Description

Acreage

Lot Size in Sq. Ft.

2,722,935

Additional Information

Property Type

COM

Exclusions

None

Property SubType

Unimproved Land

Documents Available

Aerial, Survey

Year Built

1967

Lot Acres Source

Other

Status

Active

Similar Listings

Mortgage Calculator

$29,192

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$22,525

Monthly Tax

$5,209

Monthly Insurance

$1,458

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder