224 S 2ND STREET, GARLAND, TX 75040
Homes for sale in Garland.
Homes for sale in 75040.
224 S 2nd street
Garland, TX 75040
List Price$316,875
No Property Photo Available
Listing #21102251
0.56
Acre
Lots / Land
Type
About This Property
Prime Development Opportunity in Garland Downtown District! Incredible opportunity for developers and investors in the heart of Garland's revitalizing Downtown District! This property offers unmatched potential, with access on three sides, and consists of three separate lots: Lot 21 (225 Haskell Dr.), Lot 22 (224 S 2nd St.), and Lot 20 (221 Haskell Dr.). The owner has envisioned a concept plan for a 35-unit multifamily community that perfectly aligns with the City of Garland's urban redevelopment goals. (Plans are conceptual and subject to city approval.) Located near major redevelopment projects, new dining, and entertainment options, this site offers excellent visibility, accessibility, and design flexibility. With strong rental demand and rapid area growth, this property presents an exceptional opportunity to capitalize on Garland's thriving Downtown District! Buyer and Buyer's Agent are advised to verify all information with the City of Garland and perform their own due diligence regarding zoning, permits, and development potential.
Property Features
Location Information
County
Dallas
Subdivision
Tw Brackett's
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available, Sewer Available, Water Available
Possible Best Use
Commercial, Development, Mu
Utilities
Electricity Available, Sewer Available, Water Available
Zoning
The Downtown Historic (DH) sub-district consists o
Lot Description
Corner Lot, Interior Lot
Development Status
Other, Zoned
Lot Size in Acres
0.56
Road Description
City Street, All Weather Road, Asphalt
Lot Size in Sq. Ft.
24,375
Is One Story
No
Current Use
Unimproved
Lot Description
Corner Lot, Interior Lot
School
Elementary School District
Garland ISD
Jr. High School
Choice Of School
Elementary School
Choice Of School
High School
Choice Of School
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Lot Acres Source
Public Records
Status
Active
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Mortgage Calculator
$1,478
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,141
Monthly Tax
$264
Monthly Insurance
$73
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
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