Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unrestricted Land Near Granger Title is generated by Realmo AI

    1251 Co Rd 340, Granger, TX 76530

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Williamson County land with agricultural use and growth potential.

    Type:Land
    Added:
    Feb 3, 2026
    Days on Market:
    109
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 1251 Co Rd 340

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Jan Gunter
    Jan Gunter

    Listing agent Jan Gunter License #TX 0713236

    Listing office Keller Williams Land

    Listing date Feb 3, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Land

    HighLights

    • Unrestricted Williamson County land in a high‑growth area
    • Located in a Texas Opportunity Zone, offering potential tax advantages
    • Currently under a farm lease for crop production, providing immediate use and low holding costs
    • Convenient access to SH 95, minutes from Granger and a short drive to the Samsung plant in Taylor
    • Agricultural tax valuation with a 1.62% tax rate
    • Proximity to outdoor recreation including parks, wildlife areas, and Granger Lake

    Overview

    Located southwest of Granger, this unrestricted property in Williamson County offers long-term flexibility. The land is currently under a farm lease for crop production, providing immediate use while preserving low holding costs. It has convenient access to SH 95, placing the property minutes from Granger and a short drive north of the Samsung semiconductor plant in Taylor. The new Granger High School is opening soon. The property is within a designated Texas Opportunity Zone, offering potential tax advantages for qualified investors. Outdoor recreation is easily accessible with nearby parks, wildlife areas, and Granger Lake. This tract presents an investment opportunity for future growth while retaining its agricultural utility. The property is 5 miles to Granger (Hwy 95), 8 miles to Taylor, 15 miles to Georgetown (I-35), 32 miles to Temple, 45 miles to downtown Austin, 47 miles to Austin-Bergstrom International Airport, and 14 miles to Georgetown Executive Airport. Taxes are with Williamson County, Granger ISD. Agricultural tax valuation. The tax rate is 1.62%, and 2025 taxes were $2,996. All growing crops will be retained by seller/tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Granger
    County
    Williamson
    State
    Texas
    Longitude
    -97.480934
    Latitude
    30.6801

    Nearby Similar for Sale

    • $1,999,999
      3,765 SF

      Granger Ranch with Workshop/Barn

      56+ acre ranch near Samsung factory with workshop/barn.
      1375 County Road 320, Granger, TX 76530
      View Details
    • $484,000

      Granger, TX Ag-Exempt Land

      10.28 acre ag-exempt land with development opportunities in Granger, TX.
      County Road 337, Granger, TX 76530
      View Details
    • $1,857,000

      Unrestricted Land Southwest of Granger

      61.3 acres in a rapidly growing Texas Opportunity Zone.
      1251 County Road 340, Granger, TX 76530
      View Details
    • $250,000

      Agricultural Land with Highway Frontage

      3.3 acres of agricultural land with excellent visibility and access.
      4400 HIGHWAY 95, Out of Area, TX 76530-9998
      View Details
    • $33,999

      Land Available in Granger, Texas

      Land for sale located on State Hwy 95 N.
      700 Commerce Street, Granger, TX 76530
      View Details
    • $64,999

      Land Available in Granger, Texas

      Land for sale in Williamson County, near Hwy 95.
      706 E Pecan ST, Granger, TX 76530
      View Details
    • $550,000

      Unrestricted 36-Acre Land in Granger

      Raw land with endless possibilities in Williamson County, Texas.
      508 State Hwy 95, Granger, TX
      View Details
    • $3,729,110

      Land Between Georgetown and Granger

      Land with development potential near Georgetown and Granger, Texas.
      10650 FM 971, Granger, TX 76530
      View Details
    • $8,899,999

      Prime Land in Growing Area

      Land suitable for commercial, industrial, or mixed-use development.
      000 TBD Hwy 95 and CR 325, Granger, TX 76530
      View Details
    • $8,900,000

      Prime Land Near Austin

      Land primed for commercial, industrial, or mixed-use development.
      County Rd 325, Granger, TX 76530
      View Details
    • $1,349,900

      26+ Acres with Highway Frontage

      26+ acres of commercial land with development potential.
      5800 Hwy 95 N Highway, Granger, TX 76530
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Williamson County land with agricultural use and growth potential.
    Where is this agricultural land / farmland located?
    The property is located at 1251 Co Rd 340 Granger, TX.
    What is the asking price?
    The asking price for this property is $1,857,000.
    What are key features of this property?
    This property features: Unrestricted Williamson County land in a high‑growth area; Located in a Texas Opportunity Zone, offering potential tax advantages; Currently under a farm lease for crop production, providing immediate use and low holding costs
    (512) 944-0572 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jan Gunter
    Jan Gunter
    Real Estate License ID: TX 0713236
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1251 Co Rd 340, Granger, TX 76530
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!