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    740 Fm Rd Heath, TX 75126

    Sponsored
    For Sale
    $750,000

    Luxury Estate or Development Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 6.8-acre property presents a unique opportunity for discerning buyers seeking a prestigious location for residential development or a sprawling private estate. Situated in the highly desirable Heath, Texas community, this land offers a tranquil setting bordering large estates and farmland, ensuring privacy and exclusivity. The expansive acreage allows for numerous configurations, making it suitable for the creation of multiple luxury homes or a single, magnificent estate. Heath itself is a premier residential area, conveniently located approximately 30 minutes from Downtown Dallas. Residents enjoy access to a range of amenities, including a prestigious Golf Club, a Yacht Club, exemplary schools renowned for their high academic standards, and an extensive network of 17 miles of hike and bike trails. The property's location along the shores of Lake Ray Hubbard further enhances its appeal, offering residents access to recreational water activities and stunning lake views. This is an unparalleled chance to build your dream home or develop a collection of luxury residences in one of the most sought-after communities in the Dallas area. The property is priced at $750,000. Further details regarding zoning and development possibilities are available upon request.

    Property Features for 740 Fm Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    296,208 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Heath
    County
    Kaufman
    State
    Texas
    Longitude
    -96.46217
    Latitude
    32.76897

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    FAQs

    What type of property is this?
    Commercial real estate - Luxury Estate or Development Opportunity
    Where is this commercial real estate located?
    The property is located at 740 Fm Rd Heath, TX.
    What is the asking price?
    The asking price for this property is $750,000.
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    740 Fm Rd Heath, TX 75126
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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
    740 Fm Rd Heath, TX 75126
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