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    0000 Fm 937 Groesbeck, TX 76642

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    For Sale
    $275,000

    25-acre tract suitable for residential, recreational, or commercial development.

    Lot size:
    24.64 Acres

    Property Features for 0000 Fm 937

    General Information

    Lot size
    24.64 Acres

    Source: LPT Realty, LLC Agent Stephanie Tully

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

    Overview

    Unrestricted Acreage Near Lake Limestone

    This 25-acre tract is located 10 minutes south of Groesbeck and a short distance from Lake Limestone. The property features a mix of wooded and open land, with approximately 15-20% cleared. It has long road frontage along LCR 937. A double culvert driveway is present, along with a small gas well with access easement, and two seasonal streams. The property backs up to more than 50 additional acres of woods. The land has been used for hunting. It is suitable for residential, recreational, or commercial development, including building cabins or starting a business.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Groesbeck
    County
    Limestone
    State
    Texas
    Longitude
    -96.511441
    Latitude
    31.487602

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    FAQs

    What type of property is this?
    Land - 25-acre tract suitable for residential, recreational, or commercial development.
    Where is this land located?
    The property is located at 0000 Fm 937 Groesbeck, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Unrestricted 25-acre tract suitable for residential, recreational, or commercial development.; - Located just 10 minutes from Groesbeck and a short distance to Lake Limestone.; - Mix of wooded and open land (approximately 15-20% cleared).
    (832) 797-0451
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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
    0000 Fm 937 Groesbeck, TX 76642
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