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    000 Audie Murphy Pkwy Farmersville, TX 75442

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    For Sale
    $2,495,000

    8.3+ acre property ideal for retail, residential, or mixed-use.

    Lot size:
    8.32 Acres

    Property Features for 000 Audie Murphy Pkwy

    General Information

    Lot size
    8.32 Acres

    Source: Avaan Bulsara Agent Avaan Bulsara

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

    Overview

    8.3 Acres Development Opportunity

    This 8.3+ acre commercial land property in Farmersville, Texas, presents a development opportunity with 591 feet of frontage on Highway 380 (Audie Murphy Parkway). The location is strategically positioned between Highway 78 and the Collin County Outerloop. The property is suitable for retail, residential, or mixed-use development, potentially with retail along the front and residential or multifamily in the back. Farmersville is experiencing growth, including the Collin County College campus. The majority of the property is within city limits and currently holds an agricultural exemption. Farmersville borders Princeton, which is the nation's fastest-growing city, and is experiencing eastward expansion of growth patterns in eastern Collin County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmersville
    County
    Collin
    State
    Texas
    Longitude
    -96.358758
    Latitude
    33.156441

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    FAQs

    What type of property is this?
    Land - 8.3+ acre property ideal for retail, residential, or mixed-use.
    Where is this land located?
    The property is located at 000 Audie Murphy Pkwy Farmersville, TX.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Significant frontage (591 feet) on Highway 380 (Audie Murphy Parkway).; - Located in Farmersville, experiencing significant growth with developments like the Collin County College campus.; - Strategic location between Highway 78 and the Collin County Outerloop.
    Request Owner's contact information
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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
    000 Audie Murphy Pkwy Farmersville, TX 75442
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