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    406 S Whitt St Groesbeck, TX 76642

    For Sale
    $80,000

    Unimproved Land - Groesbeck, TX

    Type:Unimproved Land
    Lot size:
    0.30 Acres
    Days on Market:
    244
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 406 S Whitt St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R11475
    Exterior features
    Garden(s)
    Lot size
    0.30 Acres

    Building Details

    Architectural style
    Other

    Twin Lakes Ranch Realty (254) 803-5276

    Listing agent Irene Zapalac (254) 803-5276 License #0367271

    Listing date Apr 11, 2025

    MLS# 225884 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

    Land with Development Potential

    Located a short distance from Waco, in the city of Groesbeck, this large lot features road frontage on two sides. Situated at 406 S Whitt Street, just a block from Hwy 164, the property offers a range of possibilities. An older home, currently used for storage, is located on the property. Options include refurbishing the existing structure or demolishing it to build a new home. Mobile homes are also permitted. The lot is cleared with some perimeter trees. Utilities are potentially available, subject to buyer verification with the city. A convenience store, dental office, and the Groesbeck Police Department are located one block away, facing Hwy 164. Downtown Groesbeck is a few blocks from the property. The lot size is 0.3 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Groesbeck
    County
    Limestone
    State
    Texas
    Longitude
    -96.54218
    Latitude
    31.524273

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    FAQs

    What type of property is this?
    Land - Large lot in Groesbeck, TX, with multiple development options.
    Where is this land located?
    The property is located at 406 S Whitt St Groesbeck, TX.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Large lot with road frontage on two sides.; - Located in the City of Groesbeck, near Waco.; - Potential to build a new home or place a mobile home.
    (254) 803-5276
    Request Owner's contact information
    406 S Whitt St 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
    406 S Whitt St Groesbeck, TX 76642
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