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    526 Wallen Rdg Keene, TX 76059

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    For Sale
    $299,500

    Almost 5 acres with frontage in rapidly developing area.

    Lot size:
    4.94 Acres

    Property Features for 526 Wallen Rdg

    General Information

    Lot size
    4.94 Acres

    Building Details

    Year built
    9999

    Source: Coldwell Banker Apex, REALTORS Cleburne Agent Gavin Hughes

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

    Overview

    Keene Land with Development Potential

    This property features almost 5 acres with 420 feet of frontage, situated in an area experiencing rapid development. City water and sewer services are available at the front of the property. The current zoning allows for commercial use in the front portion and residential use in the back. Rezoning options are available through application to the City of Keene to accommodate specific development needs. The location, just off Highway 67, benefits from high daily traffic counts. A recently completed subdivision of over 120 John Houston homes is located nearby, as is Southwestern Adventist University.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Keene
    County
    Johnson
    State
    Texas
    Longitude
    -97.3203
    Latitude
    32.3973

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    FAQs

    What type of property is this?
    Commercial land - Almost 5 acres with frontage in rapidly developing area.
    Where is this commercial land located?
    The property is located at 526 Wallen Rdg Keene, TX.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: - Prime location in an area of rapid development with high visibility and **420 feet of frontage**.; - Commercial zoning in front with residential zoning in back, offering diverse development possibilities.; - City water and sewer available at the front of the property.
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    526 Wallen Rdg Keene, TX 76059
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    Keene, TX 76059
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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
    526 Wallen Rdg Keene, TX 76059
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