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
List Price$599,900
Listing #20840601
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
Similar Listings
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
Real Estate IDX Powered by iHomefinder
