These 14.96 total acres are located within the city limits of Vernon, TX and are zoned General Residential for multi-family development. The land joins three other apartment complexes, as well as Vernon College and North Texas State Hospital. All of the lots have been surveyed and have paved street frontage. Electricity, city water, city sewer and a fiber optic line are already on site or easily accessible.
This acreage can be bought as a whole for $139,000 or according to the following FOUR subdivisions (#1-3, 5 below):
1. LOTS 1, 2, A & B:5.46 acres, road frontage on three sides, no flood zone, 2020 property taxes: $1,014.26, includes addresses 4501, 4525 & 4539 Palmer Dr; LIST PRICE:$44,000
2. LOTS C & D:2.62 acres, road frontage on two sides, just a small corner of the property in flood zone, 2020 property taxes: $600.02, includes address 4601 Palmer Dr; LIST PRICE:$21,000
3. LO...+ Show More