Tyler, TX 75703,1203 Centennial Trail
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$ 799,000
Est. payment | /mo

9.18 Acres Lot


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$ 799,000
Est. payment | /mo
Save

9.18 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Centennial Garden Homes

MLS Listing ID 20570031

HOA Y/N None

Annual Tax Amount $254

Lot Size 9.178 Acres

Acres 9.178

Property Description

The site contains two finished Quadplex properties. One sold in 2023 for $1,400,000 or $350,000 per unit 17 lots remain for development, one quad per lot (68 units).

The development is in the affluent Remington Park neighborhood in Tyler, Texas where the average price of a home in the last two years was $515,000. The schools are among the most desirable in the Tyler market.

The City of Tyler has stated that it would explore tax abatements to aid in the development of the lots. All lots are builder-ready with all entitlements in place. Architectural and engineering plans have been completed, Centennial Trail is partially completed, and water and sewer connections are ready for use.

Location

State TX

County Smith

Zoning Residential

Direction From East Toll 49, exit Paluxy, go north. Left on Centennial Pkwy, right on Legacy, left on Centennial. Property on left, past gate at Centennial trail and two Quadplexes. Land surrounds Quadplexes. See plat map for more.

Exterior

Utilities Available City Sewer

Garage No

Building

Lot Description Acreage, Cleared

Schools

Elementary Schools Stanton Smith

High Schools Whitehouse

School District Whitehouse Isd

Others

Restrictions Other

Ownership Arch Funding LLC

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Sean Scott • GSFREA LLC
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1203 Centennial Trail