3400 Mitchell St, Greenville, TX 75402

$1,330,000

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List Price
$1,330,000
Price Change
▼ $470,000 1787947684
MLS#
21333637
Status
ACTIVE
Type
Land
Subtype
Land
Acres
15.03
County
Hunt
City
Greenville
Subdivision
Mineral Heights Sub

Property Description

15.03 acres within the City of Greenville, zoned SF-2 for single-family residential use and offered as 6 individual parcels. The property is surrounded by established residential homes, with Greenville High School located to the south. Water and sewer are already available at existing streets, and the location offers convenient access to I-30, shopping, the new Aspire at Greenville sports and recreation complex, and entertainment. Per the seller, an existing sewer lift station built by the adjacent developer to the south is available for connection at no cost to the new developer — a potential savings of thousands of dollars versus constructing new lift station infrastructure; buyers should independently confirm connection terms and capacity with the City of Greenville and the adjacent developer. At approximately $2.03 per square foot, this tract is priced well below the cost of finished single-family lots in the area, offering a builder or investor room to create value through development. Owner financing is available for qualified buyers, with 20 percent down and a 7.5 percent interest rate — additional terms negotiable. Offered at $1,330,000. Buyers should independently confirm platting status, final lot yield, and city development requirements with the City of Greenville Planning Office before proceeding. Contact listing agent for terms.

Additional Information

Unexempt Taxes
$2,129
Lot Size
654,706
Acres
15.03
Lot Description
City Lot
School District
Greenville Isd
Elementary School
Bowie
Middle School
Greenville
High School
Greenville
Possession
CloseOfEscrow
Proposed Use
Residential

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Calculator source: Real Geeks

Listing courtesy of Hector Pimentel from RE/MAX DFW Associates. Contact: 469-580-2370

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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