10616 County Road 506

Venus, TX 76084
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Under Contract - OP
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144.46 Lot Acres
Land / Unimproved Land

Audio narrative

Description

The Mansfield-Venus-Midlothian submarket has been transformed over the past two years by industrial, residential, and retail developers and the momentum shows no signs of slowing. This property is in the path of growth coming from the developments to the east along 67 and 287. Now is a good time to enter into this submarket while property values continue to rise, though land still remains significantly more affordable than property most all other areas of North Texas. Roughly 22 miles from the CBDs of Fort Worth and Dallas, and also the DFWIA, this 144 acres in Venus ETJ is a hidden gem within the Metroplex. The property has electricity and water, the City of Venus is in the engineering stages of installing a large sewer line along US 67 which will be .5 miles from this property. This 144 acres was one of two parcels totaling 263 AC, the 118 acre parcel sold. This 144 is available along with 62 acres to the east of it, totaling 206 acres.

MLS#
NTREIS-20466460
List Price
$7,656,380
Listing Status
Under Contract - OP
Address
10616 County Road 506
City
State
TX
Zip Code
Subdivision
NA
Legal Description
ABST 92 TR 2 BBB & C RR CO
Property Type
Land / Unimproved Land
Lot Size
144.46 Lot Acres/Appraisal District
Road Frontage
County Maintained

Exterior

Lot Description
Acreage, Agricultural, Few Trees
Easements
Natural Gas
Utility
All Weather Road, Concrete, Co-op Electric, Co-op Water
Road Surface
County Road

Lot information

Lot Size
144.46 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 28, 2024 at 03:58 PM
Listing last updated Apr 02, 2024 at 11:07 AM
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10616 County Road 506, Venus, TX 76084. View photos, map, tax, nearby homes for sale, home values, school info...

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