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    - Tract 3 Chilton, TX 76632

    For Sale
    $471,116

    34 Acres, Prime Location, Income Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 34-acre property presents a unique investment opportunity in Falls County, Texas, near Chilton. Ideally situated just 20 minutes from Waco and within a reasonable driving distance of major Texas cities like Dallas, Austin, and Houston, this land boasts diverse uses. Currently utilized for crop land, pasture, and recreation, it offers immediate income potential. Features include a nice pond, a private firing range, and a wet weather creek bordering the rear. The property also includes a custom homesite, conveniently located within walking distance of a new Dollar Store. Approximately 435 feet of frontage on CR 494 N provides excellent accessibility. All owned minerals convey. The property is currently under an agricultural exemption for tax purposes. Utilities are nearby; a water line is available at the intersection of Hwy 7 and CR 494N, and Oncor Electric Delivery services the area. While there are no existing meters on the property, the location above the Trinity Aquifer suggests a high probability of successful well drilling. Various soil types are present; a USDA soil map is available for review. Note that easements exist for gas and fuel pipelines, and an abstract of title is recommended to identify any additional easements. Showings are by appointment only. Offered at $471,116, or $13,856 per acre.

    Property Features for 0 - Tract 3

    General Information

    Property type
    Farms
    Lot Size
    1,481,040 SF

    HighLights

    • 34‑acre farm, hunting, and ranch property in Chilton, TX, listed at $471,116.
    • Located 20 minutes from Waco and within ~1.25 hours of both Dallas and Austin.
    • Features approximately 435 feet of frontage on CR 494 N, a pond, a firing range, and a wet weather creek.
    • Property includes a potential custom homesite and is within walking distance of a new Dollar Store.
    • All owned minerals convey, and the property is currently under an agricultural exemption.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chilton
    County
    Falls
    State
    Texas
    Longitude
    -97.062168897003
    Latitude
    31.273441884364

    Nearby Comparable

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      Texas Ranch & Crop Land

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    • New
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    • New
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      70 Acres Unimproved Land, Chilton

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      Tbd Crk 494 N, Chilton, TX 76632
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    • $216,129
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      Texas Ranch Land - 10 Acres

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    • New
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      20 Acres Ranch Near Waco

      20 acres ranch with highway frontage near Waco, Texas.
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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - 34 Acres, Prime Location, Income Potential
    Where is this farm located?
    The property is located at - Tract 3 Chilton, TX.
    What is the asking price?
    The asking price for this property is $471,116.
    What are key features of this property?
    This property features: 34-acre farm, hunting, and ranch property in Chilton, TX, listed at $471,116.; Located 20 minutes from Waco and within ~1.25 hours of both Dallas and Austin.; Features approximately 435 feet of frontage on CR 494 N, a pond, a firing range, and a wet weather creek.
    Request Owner's contact information
    - Tract 3 Chilton, TX 76632
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    - Tract 3
    Chilton, TX 76632
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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
    - Tract 3 Chilton, TX 76632
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