For Sale

Listed by Nick Luton from Luton Properties

Source: Houston Association of Realtors, Inc. #37621041

Memorial Drive, Texas City, TX, 77591

$2,950,000

1405899 sq. ft.

Land

1 day on the market

What's around Memorial Drive

About this property

Incredible opportunity to purchase 32+ acres in Texas City adjacent to Simms Elementary School (opened fall 2021) and right around the corner from Giles Middle School (opened fall 2022)! Approved subdivision plan for 99 lots but could be modified to fit your use. City utilities adjacent to the property on multiple sides, outfall channel runs along westerly boundary, 2 points of ingress & egress approved for Memorial Drive & Woodrow St, and no offsite improvements necessary to develop the property. Approx. 4.5 acres along Memorial Drive is within the limits of Galveston County MUD 66. Buy now to develop soon or acquire for long term investment. Zone 1 impact fees ($2,435) vs. the bulk of Texas City in Zone 2 ($6,675). 8 total separate parcels per GCAD.

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