224 S 2ND STREET, GARLAND, TX 75040

Homes for sale in Garland.

Homes for sale in 75040.


224 S 2nd street

Garland, TX 75040

Status of the property has changed, please contact for details

List Price$316,875

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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