3.54 acre build-ready lot in new Murphy’s Dairy Subdivision.
Property SizeContact for details
Lot Size3.54 Acres
Days on Market566
Property Features for P2L08 County Road 463
General Information
Standard statusPending
Lot size3.54 Acres
Property subtypeLand
ZoningResidential/Agricultural
Listing Agency:eXp Realty Houston(970) 420-2440
Listed By:Xing Gao · License #822975
Source:Crexi
Added: Feb 11, 2025Changed: Aug 8Last Checked: Aug 8 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty Houston
Investment Insights
Based on property information with market context.
This 3.54-acre lot is located in the newly platted Murphy’s Dairy Subdivision, offering a combination of residential and agricultural living. The flat, build-ready site has been perc-tested for suitability. The property, measuring 220 feet by 696 feet, is part of a subdivision featuring 3-acre+ spacious lots. The roads are currently subgraded with material, with completion estimated for Summer 2024. Two private-gate entrances from CR 463 provide access. A newly engineered 6,200-foot private road is established with 8 inches of limestone screening subgrade and a 4-inch road base top, all excavated, graded, and machine compacted, with drainage channels on each side. Culverts are set at drainage points. Lines for new power poles and transformers have been funded and are scheduled for install along the new private road frontage, with completion estimated for Summer 2024. Oncor will provide a credit of up to $8,400 in pre-paid construction fees to place secondary poles off the main line and install a meter loop. Water lines and meters are being planned, with meter tap fees at $750 plus connection fees. The property plat map has been approved by the County OSSF authority for conventional or aerobic septic systems. Soil bore test sites have been approved for conventional and spray aerobic systems. The tract has cellular/mobile phone coverage across all major carriers. Limestone County Airport is nearby with limited air traffic. Light covenants protect property value for residential, ranching, or agricultural purposes, with restrictions on commercial, industrial, junkyard, salvage yard uses, pigs, and dog boarding establishments. Permanent structures require a minimum 750 sq ft living space. New or late-model manufactured homes must be HUD-compliant and permanently affixed. RVs must be late-model and self-contained if not connected to a septic system. Agricultural Exemption is available for properties with a minimum acreage of 3 acres. The property is suitable for cattle ranching, a country home, a cabin, tiny home, mobile home, or RV living, and developing a garden, farm, or bringing livestock. Ground-level staking has been completed, with easement corners marked with orange T-posts and corner boundaries with white T-posts.
Key Highlights
Spacious 3.54 acre build‑ready lot suitable for residential and agricultural living.
Pre‑paid electric service with an $8,400 credit from Oncor, offering flexibility.
Newly engineered private road ready for construction traffic.
Property Analytics
Current Use
Residential land & home ...
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 76667, TX
10,801
Population
4,734
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
85%
High-School Grad
153.1 sq mi
ZIP Area
71
Density / Sq Mi
$50,396
Median Household Income
$33,211
Median Earnings
$832
Median Rent
$119,700
Median Home Value
Questions? Ask Rey
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Residential land & home lot - 3.54 acre build-ready lot in new Murphy’s Dairy Subdivision.
Where is this residential land & home lot located?
The property is located at P2L08 County Road 463 Mexia, TX.
What is the asking price?
The asking price for this property is $57,900.
What are key features of this property?
This property features: Spacious 3.54 acre build‑ready lot suitable for residential and agricultural living.; Pre‑paid electric service with an $8,400 credit from Oncor, offering flexibility.; Newly engineered private road ready for construction traffic.