Why Locate to Tye, Tx?

Nestled right up to Abilene west side, Tye is a steadily growing community! With several attractive available spaces along Interstate 20 and FM 707, Tye is poised for retail, manufacturing, and commercial growth! With changes in technology over the past decade, many small business owners can now live and work anywhere they want. The Internet has brought a sea of change and as a result, many urbanites have moved to small towns and rural communities have been able to retain a growing business population. With Tye’s low tax rate, proximity to Abilene, and position along two major intersecting roadways, we’re in an excellent position to help your company get established and reach your goals.
All roads tie into Tye, and we’re open for business!

Come grow with us!

Ready to make your move to Tye? Check out these available properties!

 

Interstate Frontage

Located at I-20 & South Access Rd
this Car Wash is ready for a new owner! The land is perfect for development, and listed at just $49,900 it’s a great deal!
See the full listing here or give Robert Burkhart a call at 325-695-8000

1181 S. FM 707

Next to Tye’s largest city park.
Listed at $100,000 this beautiful 17 acres is the perfect location to build your own business from the ground up! Located right next to Rister Park, thi

Tye Methodist Church

Set on 2.1 acres this property also comes with I-20 frontage! This is THE perfect location to reach both interstate traffic and downtown/neighborhood shoppers! Definitely a must see, and listed at just $299,000 it’s a steal of a deal!
Call Robert Burkhart at 325-829-2267 for more information.

Scott St. / FM 707

Prime location! Listed at $125,000 this 20 acres is ready for development and business! With easy access to Interstate 20 this property is prime for manufacturing, distribution, industrial, and even retail!
Senter Realtors • 325-665-5574.

Tye Industrial Park

Small Business Incubator. Located on FM 707 (Scott Street) in Tye, the Small Business Incubator offers below market office and warehouse rental rates for new and/or growing businesses in Tye. Currently there are two offices available for rental. Call Jennifer Black at 325-695-8253 for rental information or to view the available spaces.

Need Financial Assistance to Start or Expand Your Business?

Tye Industrial and Economic Development Corporations give provisional loans and grants to new and/or expanding businesses located within the city limit of Tye to help them establish a solid presence within the business community. If you are in need of financial assistance the following Guidelines give you a step by step plan of action in order to make a formal request. If you’re ready to start the process of making a formal request, please call Jennifer Black at 325-695-8253 and make an appointment.

1. Each company should submit a current and complete credit report and loan application. Loan applications may be obtained from the TEDCO/TIDCO main office.

2. Provide three business references with address and phone numbers.

3. Provide information from the bank verifying checking and savings account information.

4. Businesses need submit two to three years of income tax statements and financial sheets.

5. Business requesting a loan and/or grant will be required to sign a guarantee the full payment of loan/grant.

6. Businesses are required to obtain zoning informaiton from Tye City Hall prior to building or expanding, and bring copies of all zoning information to TEDCO/TIDCO. This information will remain on file at the main office.

7. An intrest rate of 2% is charged on any loans given for an established company.

8. TEDCO/TIDCO will provide all loan/grant application forms.

9. All attorney and filing fees shall be the responsiblity of the borrower.

10. Upon completion of the loan application the business owner will be required to make a formal presenation to the Board of Directors for recommendation and action.

11. Provisional Grants for money or land may be made to a business with board approval. Should the company close within five year, or if the company downsizes employees, they can be required to repay part of the funds back to Development Corporation.

12. Employment Incentive – TEDCO/TIDCO will forgive $750.00 from the balance of the loan for each full time employee hired within the first year, and that stays employed with the company for a full year, of the Performance Agreement. The company shall provide an annual report of all positions. If a position is eliminated then the company will not receive credit for that position.

13. Each applicant shall be provided with guidelies upon request for money. TEDCO/TIDCO is an equal opportunity lender and does not discriminate. Loan/Grant decisions are made based on a number of criteria.

Use the form below to message us directly and find out about the opportunities in Tye, TX.

Resources


Contact Us
(325) 695-8253
649 Scott St. • Tye, Tx 79563
PO Box 125 • Tye, TX 79563
info@cityoftyeedc.org
tedco@cityoftyeedc.org