Ag Land with PA-2 zoning future use which allows commercial/retail development in front and residential development in the back. Bordered by Red Oak Creek on the Eastern boundary. May also be used for warehouse or industrial development. Back part of propety is in zone AE for which FEMA has already determined base flood elevations. No additional cost or time needed for a flood study. Development-friendly city. Ideal for office, retail, with residential units at the back. Less than 20 miles South of Dallas downtown. Property lies on the busy IH-35 transit corridor linking San Antonio, Austin, Dallas and northward into Denton, Oklahoma City. Significant flood plain, priced accordingly.