16007 I-20, Loraine, TX 79532
16007 I-20, Loraine, TX 79532
16007 I-20, Loraine, TX 79532
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$875,000
Est. payment /mo
120.26 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision A0366

MLS Listing ID 21273973

HOA Y/N None

Annual Tax Amount $3,420

Lot Size 120.261 Acres

Acres 120.261

Property Sub-Type Unimproved Land

Property Description

120 ACRES - MITCHELL COUNTY - 2 TURBINES

This project is part of the Loraine Windpark and will be generating income. Contact listing agent for additional information.

All wind rights and royalties convey with accepted offer.

INTERSTATE FRONTAGE: I-20 ACCESS - Prime Development Potential - 1605 ft of I-20 road frontage on 120.26 Acres in Mitchell County, Tx not zoned - Located 2.6 miles from Loraine, TX on the I-20 Frontage Road.

LOCATION: Property is located 1 mile west of County Road 140 and 1 mile east of County Road 422.

FEATURES: Electrical lines are visible and accessible. The property is fenced, has gravel roads, a seasonal tank, barn with pens, and two wind turbines.

CURRENT USE: It is currently being used as a recreational property.

Location

State TX

County Mitchell

Zoning Unzoned

Direction From Loraine head toward S Main St, turn left onto Martin St, Turn right onto Interstate 20 Access Rd, Slight left to stay on Interstate 20 Access Rd, Continue onto I-20 Frontage Rd, property will be on the left.

Exterior

Fence Barbed Wire, Perimeter

Utilities Available Electricity Available, Gravel/Rock

Street Surface Gravel

Lot Frontage 1605.0

Garage No

Building

Lot Description Acreage, Brush, Pasture, Tank/ Pond

Schools

Elementary Schools Loraine

High Schools Loraine

School District Loraine Isd

Others

Restrictions Deed

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Deed Restrictions, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21273973


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Brandi Terry • ACR-ANN CARR REALTORS

Nearby School & Business

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Monica Tomblin

Monica Tomblin

+1(903) 363-7882

REALTOR® License ID: 646249

REALTOR® License ID: 646249

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