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    278 A Groesbeck, TX 76642

    Under Contract
    For Sale
    $299,500

    Unimproved Land - Groesbeck, TX

    Type:Unimproved Land
    Lot size:
    50.89 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 12 at 8:06 pm

    Property Features for 278 A

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    R136492
    Lot size
    50.89 Acres

    Building Details

    Architectural style
    Other

    Ranch Gate Real Estate, LLC (254) 562-6474

    Listing agent Jeff Melasky (903) 386-3383 License #0629693

    Listing date Nov 19, 2025

    MLS# 21112296 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

    50.89 Acres Near Lake Limestone

    This 50.89-acre tract of land is located a few minutes from Lake Limestone and a short drive into Groesbeck. It is suitable for building a new home or for recreational use with an RV. The property features electric service and an older water well, whose condition is undetermined. There is a large pond on each side of the road. The property includes roads and trails throughout.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Groesbeck
    County
    Limestone
    State
    Texas
    Longitude
    -96.5518
    Latitude
    31.5394

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    FAQs

    What type of property is this?
    Land - 50.89 acre tract near Lake Limestone, ideal for recreation.
    Where is this land located?
    The property is located at 278 A Groesbeck, TX.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: - Large 50.89 acre tract of land; - Located near Lake Limestone; - Electric service available on property
    (903) 386-3383
    Request Owner's contact information
    278 A Groesbeck, TX 76642
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    Groesbeck, TX 76642
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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
    278 A Groesbeck, TX 76642
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