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    16162 Ccr 635 Blue Ridge, TX

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    For Sale
    $6,726,000

    1 acre lot for development on corner of SH 121.

    Lot size:
    57.00 Acres

    Property Features for 16162 Ccr 635

    General Information

    Lot size
    57.00 Acres
    Source: Moodyscre

    Listing Agent: Ray Eckenrode

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Future 1 Acre Lot Development

    This 1-acre lot is available for future development. A conceptual lot layout includes 42 lots. The property is located on the hard corner of SH 121 and CR 635. SH 121 has been recently widened, improved, and divided. The land is unincorporated in Fannin County and adjacent to the Collin County line. Water is provided by Desert WSC. The property is located in Trenton ISD.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Blue Ridge
    County
    Collin
    State
    Texas
    Longitude
    -96.4016498
    Latitude
    33.2978909

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    FAQs

    What type of property is this?
    Land - 1 acre lot for development on corner of SH 121.
    Where is this land located?
    The property is located at 16162 Ccr 635 Blue Ridge, TX.
    What is the asking price?
    The asking price for this property is $6,726,000.
    What are key features of this property?
    This property features: - Future 1 Acre Lot Development: Ideal for residential development with potential for 42 lots.; - **Strategic Location:** Hard corner of SH 121 and CR 635 provides **high visibility and accessibility**.; - Improved Infrastructure: SH 121 recently widened and divided, enhancing transportation.
    (972) 562-9988
    Request Owner's contact information
    16162 Ccr 635 Blue Ridge, TX
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    Blue Ridge, TX
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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
    16162 Ccr 635 Blue Ridge, TX
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