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    21 Acres Fm 937 Groesbeck, TX 76642

    For Sale
    $275,000

    Unimproved Land - Groesbeck, TX

    Type:Unimproved Land
    Lot size:
    21.75 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 10 at 1:06 am

    Property Features for 21 Acres Fm 937

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R41324
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    21.75 Acres

    Building Details

    Architectural style
    Other

    Realty Plus - Groesbeck (254) 729-5555

    Listing agent Kara McLelland (254) 729-5555 License #0587384

    Listing date Oct 18, 2025

    MLS# 225707 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

    21.74 Acres of Unimproved Land

    This 21.74-acre property is located on the south end of Groesbeck, TX, adjacent to the city limits and the McLelland Addition. It presents potential for a residential home-site, multiple home-sites, residential development, or a number of commercial uses. The land features approximately 700 feet of road frontage on FM 937 and approximately 1400 feet of road frontage on LCR 783. The topography is flat to gently rolling, and a small seasonal creek runs along one side. A few large, mature oak trees are present, and the open pasture is currently used for cattle and hay production, benefiting from an active agriculture exemption for low property taxes. Barbed wire fencing encloses three sides of the property, which also includes a covered storage area and sturdy cattle pens. City water, electricity, and natural gas are located nearby, though the availability and cost of obtaining these services require verification. Well water is typically considered good and reliable in the area. Basic deed restrictions may apply to protect adjacent property owners.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Groesbeck
    County
    Limestone
    State
    Texas
    Longitude
    -96.521859
    Latitude
    31.505224

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    FAQs

    What type of property is this?
    Agricultural land - 21.74 acres in Groesbeck, TX, suitable for residential or commercial.
    Where is this agricultural land located?
    The property is located at 21 Acres Fm 937 Groesbeck, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Large 21.74 acre property suitable for residential or commercial development.; - Road frontage on two sides: **700 ft on FM 937 and 1400 ft on LCR 783.**; - Active agricultural exemption for low property taxes.
    (254) 729-5555
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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

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    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
    21 Acres Fm 937 Groesbeck, TX 76642
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