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    3051 Fm 663 Midlothian, TX 76065

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    For Sale
    $2,495,000

    13+ acres of prime real estate for development.

    Lot size:
    13.40 Acres

    Property Features for 3051 Fm 663

    General Information

    Lot size
    13.40 Acres

    Building Details

    Year built
    1960

    Source: Ebby Halliday, REALTORS Agent Jan Davis

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

    Overview

    Prime Real Estate Development Opportunity

    This property presents a development opportunity with over 13 acres of real estate situated on the corner of Belmont and FM 663, directly across from Lawson Farms and one mile from the new Kroger shopping center. The acreage features frontage on both FM 663 and Belmont, and includes trees and a seasonal lake. Existing structures include a house with 3862 square feet, a swimming pool, and a guest house. Additional amenities include tennis courts, a two-story party barn, a four-stall barn, and a two-stall lean-to. A 4800 square foot warehouse, located on almost 5 acres, contains five heated and cooled offices and a loading dock. The total acreage of 13.395 is comprised of three separate legal descriptions.
    Insight Report Location Intelligence

    Current Use by Public Records

    Techchoice Parts Distributors Auto Body Parts Supplier

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -96.9989364
    Latitude
    32.4515201

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    FAQs

    What type of property is this?
    Land - 13+ acres of prime real estate for development.
    Where is this land located?
    The property is located at 3051 Fm 663 Midlothian, 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: - 13+ acres of prime real estate on the hard corner of Belmont and FM 663; - Frontage on both FM 663 and Belmont; - Located directly across from Lawson Farms and a mile from the new Kroger shopping center
    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
    3051 Fm 663 Midlothian, TX 76065
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