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    0010 Tbd Hwy, Unit 37 Mount Vernon, TX 75457

    Under Contract
    For Sale
    $399,000

    Unimproved Land - Mount Vernon, TX

    Type:Unimproved Land
    Lot size:
    40.00 Acres
    Days on Market:
    536
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for 0010 Tbd Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    20498
    Lot size
    40.00 Acres

    Building Details

    Architectural style
    Other

    Heritage Land Company, LLC (903) 922-1283

    Listing agent Chris Franklin (903) 922-1283 License #0793609

    Listing date Jun 24, 2024

    MLS# 20597694 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    40 Acres Near Mount Vernon

    This 40-acre property is located just north of Mount Vernon's city limits, offering convenient access to downtown amenities while maintaining a secluded feel. The land features Highway 37 access with a pipe entryway, a serene pond, and many mature oak trees. While much of the property has been recently reclaimed from invasive brush, further manicuring could be beneficial. Town Branch provides a wildlife corridor and water source near the eastern boundary. This property is suitable for building a dream estate.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Mount Vernon
    County
    Franklin
    State
    Texas
    Longitude
    -95.22301757
    Latitude
    33.19688952

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    FAQs

    What type of property is this?
    Land - Unimproved land near Mount Vernon with highway access and pond.
    Where is this land located?
    The property is located at 0010 Tbd Hwy, Unit 37 Mount Vernon, TX.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Close proximity to downtown Mount Vernon amenities.; - Secluded feel despite being near the city.; - Excellent Highway 37 access.
    (903) 922-1283
    Request Owner's contact information
    0010 Tbd Hwy, Unit 37 Mount Vernon, TX 75457
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    Mount Vernon, TX 75457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0010 Tbd Hwy, Unit 37 Mount Vernon, TX 75457
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