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Improved Ranch Land with Ponds
For Sale
$998,000

296 LCR 806, Groesbeck, TX 76642

LAND - Groesbeck, TX

Property SizeContact for details
Lot Size76.26 Acres
Days on Market88

Property Features for 296 LCR 806

General Information

Property type Land
Property subtype Other
Zoning description Improved with agricultural/residential structures; no municipal zoning restrictions apply
Subdivision M R Palacios-East
Lot features Acreage, Agricultural, Pasture, Pond On Lot, Few Trees
Elementary school Groesbeck
Middle school Groesbeck
High school Groesbeck
Elementary school district Groesbeck ISD
Middle school district Groesbeck ISD
High school district Groesbeck ISD
Directions Follow GPS
Standard status Active
APN R9617
Lot size 76.26 Acres

Taxes and HOA fees

Tax Description A021E M R PALACIOS-EAST, ACRES 31.79;
Tax Annual Amount 988
Legal Description A021E M R PALACIOS-EAST, ACRES 31.79;

Utilities

Water source Well

Building Details

Additional Structures Barn(s)
Listing Agency: Greater Waco Realty, LLC
Listed By: Stacy Peery · License #0779452
Added: Jun 4 Changed: Aug 11 Last Checked: Aug 30 at 7:06PM
MLS# 21265406

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 76.262-acre ranch property combines open pasture with native cover and three ponds across two adjoining tracts. Existing improvements include a 30' x 40' enclosed, insulated shop with concrete flooring and a 16' covered overhang, plus a 20' x 40' barn for tractors, equipment, and supplies. A cattle corral supports livestock handling, while multiple homesites provide options for future residential improvements.

Infrastructure includes an on-site water well within a 12' x 12' well house and electricity serving the property. Located in Limestone County near Groesbeck, the land offers a mix of agricultural utility, water features, and established ranch improvements.

Key Highlights

  • 76.262 acres across two adjoining tracts
  • Three ponds with open pasture and native cover
  • 30' x 40' enclosed, insulated shop with concrete floors and 16' covered overhang

Property Analytics

Current Use

Ranches

Suggested Use

Top Pick Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 76642, TX

6,641
Population
2,824
Households
2.4
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
248.1 sq mi
ZIP Area
27
Density / Sq Mi
$60,186
Median Household Income
$38,043
Median Earnings
$828
Median Rent
$188,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Ranch - Pasture, native cover, livestock infrastructure, and multiple homesite options support ranch, recreational, and residential plans.
Where is this ranch located?
The property is located at 296 LCR 806 Groesbeck, TX.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 76.262 acres across two adjoining tracts; Three ponds with open pasture and native cover; 30' x 40' enclosed, insulated shop with concrete floors and 16' covered overhang
More about this property
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