Improved Ranch
For Sale
$949,000
296 LCR 806, Groesbeck, TX 76642
Land, Groesbeck, TX
Property SizeContact for details
Lot Size76.26 Acres
Days on Market99
Property Features for 296 LCR 806
General Information
Property type
Land
Property subtype
Other
Zoning description
Improved with agricultural/residential structures; no municipal zoning restrictions apply
Subdivision
M R Palacios-East
Lot features
Acreage, Agricultural, Pasture, Pond On Lot, Few Trees
Elementary school
Groesbeck
Middle school
Groesbeck
High school
Groesbeck
Elementary school district
Groesbeck ISD
Middle school district
Groesbeck ISD
High school district
Groesbeck ISD
Directions
Follow GPS
Standard status
Active
APN
R9617
Lot size
76.26 Acres
Taxes and HOA fees
Tax Description
A021E M R PALACIOS-EAST, ACRES 31.79;
Tax Annual Amount
988
Legal Description
A021E M R PALACIOS-EAST, ACRES 31.79;
Utilities
Water source
Well
Building Details
Additional Structures
Barn(s)
Listing Agency:
Greater Waco Realty, LLC
(254) 230-4222
Listed By:
Stacy Peery · License #0779452
(979) 777-9397
Added: Jun 4
Changed: Sep 1
Last Checked: Sep 10 at 9:06PM
MLS# 21265406
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 76.262-acre ranch property combines open pasture with native cover across two adjoining tracts. Three ponds add water features to the land, while multiple potential homesites support future residential improvements or a private retreat. A water well in a 12' x 12' well house and on-site electricity are already established.
Ranch infrastructure includes a 30' x 40' enclosed, insulated shop with concrete floors and a 16' covered overhang. A separate 20' x 40' tractor and equipment barn provides additional covered storage, and a cattle corral supports livestock handling. The property is located in Limestone County near Groesbeck, Texas, with ranch, recreational, hunting, and agricultural uses identified in the property information.
Ranch infrastructure includes a 30' x 40' enclosed, insulated shop with concrete floors and a 16' covered overhang. A separate 20' x 40' tractor and equipment barn provides additional covered storage, and a cattle corral supports livestock handling. The property is located in Limestone County near Groesbeck, Texas, with ranch, recreational, hunting, and agricultural uses identified in the property information.
Key Highlights
- 76.262 acres of ranch land across two adjoining tracts
- Three ponds with a mix of open pasture and native cover
- 30' x 40' enclosed, insulated shop with concrete floors
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
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Business Placement
Demographics for 76642, TX
6,641
Population
2,824
Households
2.4
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
248.1 sq mi
ZIP Area
27
Density / Sq Mi
$60,186
Median Household Income
$38,043
Median Earnings
$828
Median Rent
$188,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Ranch - Ranch acreage with ponds, pasture, a well, electricity, livestock facilities, and multiple potential homesites.
Where is this ranch located?
The property is located at 296 LCR 806 Groesbeck, TX.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 76.262 acres of ranch land across two adjoining tracts; Three ponds with a mix of open pasture and native cover; 30' x 40' enclosed, insulated shop with concrete floors
