Two-Parcel Agricultural Land
6980 Forbes Road Venus, TX 76084
For Sale
$11,600,000
Two parcels totaling approximately 290 acres, currently used as agricultural land, with major electric and gas lines present.
Property Size12,632,400 SF
Lot Size290.32 Acres
Price / SF$0.92
Days on Market170
Property Features for 6980 Forbes Road
General Information
- Standard status
- Active
- Size
- 12,632,400 SF
- Lot size
- 290.32 Acres
- Property subtype
- Lots & Acreage / Unimproved Land
Building Details
- Year Built
- 1940
Listing Agency:
Tero Real Estate
(469) 236-2131
Listed By:
Dustin Jordan · License #0661824
(469) 236-2131
Source:
Compass
Added: Feb 3
Changed: Jul 23
Last Checked: Jul 23 at 12:10PM
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 Tero Real Estate
Investment Insights
Based on property information with market context.
This offering consists of two parcels totaling approximately plus or minus 290.32 acres, currently used as agricultural land with applicable tax exemptions in place. Approximately 8 acres are located in Johnson County, with the remaining acreage in Ellis County. The property is described as suited to a land-based use while maintaining its current agricultural status.
The northern parcel is on the corner of FM 157 and Forbes Road, and the southern parcel is at the intersection of FM 157 and FM 875. The tract is approximately 2 miles from Highway 67 and lies between the city limits of Venus and Midlothian, in the ETJ of Midlothian. The owner/developer has indicated interest in pursuing city accommodations.
Utilities noted within the property include an Oncor 345KV line touching the southern parcel and an Atmos natural gas line running across both parcels, with substations and plants reported close by. Adjacent to the area is Midlothian’s industrial zoning with heavy industrial users including Google, Oncor, Atmos, and Target, as referenced in the remarks.
The northern parcel is on the corner of FM 157 and Forbes Road, and the southern parcel is at the intersection of FM 157 and FM 875. The tract is approximately 2 miles from Highway 67 and lies between the city limits of Venus and Midlothian, in the ETJ of Midlothian. The owner/developer has indicated interest in pursuing city accommodations.
Utilities noted within the property include an Oncor 345KV line touching the southern parcel and an Atmos natural gas line running across both parcels, with substations and plants reported close by. Adjacent to the area is Midlothian’s industrial zoning with heavy industrial users including Google, Oncor, Atmos, and Target, as referenced in the remarks.
Key Highlights
- Two parcels totaling approximately 290.32 acres currently used as agricultural land with applicable tax exemptions in place
- Roughly 8 acres are in Johnson County and the remaining acreage is in Ellis County
- Northern parcel sits on the corner of FM 157 and Forbes Rd; southern parcel is at the intersection of FM 157 and FM 875
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
FAQs
What type of property is this?
Agricultural land / Farmland - Two parcels totaling approximately 290 acres, currently used as agricultural land, with major electric and gas lines present.
Where is this agricultural land / farmland located?
The property is located at 6980 Forbes Road Venus, TX.
What is the asking price?
The asking price for this property is $11,600,000.
What are key features of this property?
This property features: Two parcels totaling approximately 290.32 acres currently used as agricultural land with applicable tax exemptions in place; Roughly 8 acres are in Johnson County and the remaining acreage is in Ellis County; Northern parcel sits on the corner of FM 157 and Forbes Rd; southern parcel is at the intersection of FM 157 and FM 875
