$1,750,000
Est. payment /mo
7.3 Acres Lot
Sold on 05/06/2025
12901 Elam Road Balch Springs, TX 75180
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UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Rose Gardens
MLS Listing ID 20500086
Sold Date 05/06/25
Annual Tax Amount $2,036
Lot Size 7.296 Acres
Acres 7.296
Lot Dimensions 430 on Timothy
Property Sub-Type Unimproved Land
Property Description
The property is located on the south side of Timothy Lane, just 2 blocks east of IH-635 in Balch Springs. This area features almost 24,000 seniors 65+ in a 5-mile radius, which is forecasted to be just over 29,000 in 5 more years. Elam Road is a 4-lane boulevard with raised median, but a median opening exists at the property. Timothy Lane is 2-lane road. The city police-fire administration, city library, and city civic center are three buildings basically across the street, and the city has master planned the Elam road corridor for mixed urban uses. The site has 7.296 acres, perfect rectangular shape, and 430' of frontage on Timothy. It is gently sloping with no FEMA flood plain. Current zoning is multi-family and single family. City water and city sewer both nearby. ORIGINAL OFFERING WAS 9.2 ACRES AT THIS PRICE, BUT 7.296 ACRES SOLD AFTER BUYER REZONED FOR 34 SMALL SFR LOTS AND 42 TOWNHOME LOTS. SELLER GAVE EASEMENT FROM ELAM ALSO.
Location
State TX
County Dallas
Zoning Mid-Density Res, SFR, and some Local Retail
Direction From IH-635, go east on Elam Road 4 tenths of a mile, and property on the left or north side of Elam Road.
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Garage No
Building
Lot Description Acreage, Interior Lot, Many Trees
Others
Ownership LINVIC & Village Castle
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Owner/ Agent
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Listed by Wayne Burgdorf • Burgdorf Realty Group
Bought with Non-Mls Member • NON MLS
Bought with Non-Mls Member • NON MLS