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2295 E Seminary Dr
Fort Worth, TX 76119
Land For Sale
·
29.25 AC
Investment Highlights
- High elevation offering views of downtown Fort Worth
- Within NEZ - neighborhood empowerment zone
- Proximity to central business district and major interstate highways
- Highly active residential submarket
Property Facts
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Commercial | Total Lot Size | 29.25 AC |
| Zoning | A-5 - Single Family Residential The property is located in NEZ (Neighborhood Empowerment Zone) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 29.25 AC |
| Zoning | A-5 - Single Family Residential The property is located in NEZ (Neighborhood Empowerment Zone) |
Description
8 acres of raw, vacant land for sale with residential zoning A-5. Great opportunity for a residential subdivision development with ideal elevation and level topography offering great views of downtown with easy access to Fort Worth's central business district. City of Fort Worth A-5 zoning permits single family residential, min. lot size 5,000 sq ft. The property is located in NEZ (Neighborhood Empowerment Zone) area 6 offering tax abatement and new development incentives from the city. Newly built single family residential homes within a 1/2 mile radius of the subject are selling on average for +/-$111.00 per Sq Ft with an average of 38 days on market. Sourced from NTREIS.
Property Taxes
| Parcel Number | 04617770 | Improvements Assessment | $0 |
| Land Assessment | $694,016 | Total Assessment | $694,016 |
Property Taxes
Parcel Number
04617770
Land Assessment
$694,016
Improvements Assessment
$0
Total Assessment
$694,016
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