4718 FM 1565, CADDO MILLS, TX 75135

Homes for sale in Caddo Mills.

Homes for sale in 75135.


4718 Fm 1565

Caddo Mills, TX 75135

Status of the property has changed, please contact for details

List Price$599,900

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Listing #20840601

10.51

Acres

Lots / Land

Type

About This Property

Priced to sell! Positioned right off a major thoroughfare, this 10-acre tract is an incredible opportunity for commercial development in one of the fastest-growing areas of Caddo Mills. With the corridor steadily filling with new businesses and over 2,000 proposed homes directly to the North and South, this property offers high visibility, easy accessibility, and endless potential for retail, industrial, office, or mixed-use projects. Caddo Mills is on the verge of transformative growth, ranking 3rd in per capita population growth in Texas. With 6,500 new homes planned city-wide, the population is expected to surge from 5,800 to over 24,000, driven by the highly ranked Caddo Mills ISD and prime location near I-30, Route 66, and expanding north-south highways. Both Caddo Prime and the Pit Stop project highlight the city's rising commercial potential, both located within one mile of this property. City leaders are actively courting top retailers, supported by initiatives like a $1M Texas Wildlife grant for parks, a new medical office, and infrastructure upgrades, including the FM6 loop. With a strategic balance of residential and commercial expansion, Caddo Mills is poised for a thriving future, making it a prime destination for investment and growth in Texas. This property is also less than 2 miles from the Caddo Mills Airport, which has been recently upgraded to allow all jets coming in and out to fuel up, as well as house their aircraft safely in one of the brand new hangers. The 10.51 acres is made up on 2 parcel ID's, 34806 and 230091. There is a creek located on the north side of the property where the natural path of drainage will flow. For any commercial projects, you will want a civil engineer to verify your plans for building, drainage, etc. This property is not in flood plain.

Property Features

Location Information

County

Hunt

Subdivision

SHELBY COUNTY SCHOOL LAND

Interior Features

Has Fireplace

No

Exterior Features

Water / Sewer

Electricity Available, Electricity Connected, Septic Available, Water Available

Possible Best Use

Agricultural, Commercial, D

Utilities

Electricity Available, Electricity Connected, Septic Available, Water Available

Zoning

Not in city limits. Not zoned.

Lot Description

Acreage

Road Description

Farm to Market Road, Asphalt

Lot Size in Acres

10.51

Is One Story

No

Lot Size in Sq. Ft.

457,815

Lot Description

Acreage

Current Use

Pasture, Residential, Single Family

School

Elementary School District

Caddo Mills ISD

Jr. High School

Caddomills

Elementary School

Kathryn Griffis

High School

Caddomills

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Improved Land

Tax Annual Amount

3130.0

Year Built

2019

Lot Acres Source

Public Records

Status

Active

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Mortgage Calculator

$2,799

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,161

Monthly Tax

$499

Monthly Insurance

$139

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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