80 acres of flat, developable property only 2500’ from the Italy, TX CBD. This well-located parcel borders the Italy elementary school to the west. This is one of the largest remaining tracts that will be within the soon to be constructed Highway 34 Bypass. The property will be intersected on the southwestern edge by the bypass, which will create over 3000’ of future frontage, both sides of the bypass combined. The property is only 450’ from US 77 and 3100’ from I35E. This is an ideal tract for either investment or single family residential (SFR) development, being bordered on one side by single SFR and on another by the only elementary school currently in Italy. The property is currently not zoned, as it is just outside (borders) city limits. It is served by South Ellis County Water Supply Corp.