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    Tx-34 Kaufman, TX 75142

    Sponsored
    For Sale
    $3,373,370

    11 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 11.06-acre tract in Kaufman, Texas, presents a remarkable investment opportunity. Strategically located at the intersection of SH 34 and CR 151, this property enjoys high visibility and easy access, serving as a gateway to the burgeoning Kings Fort Market Center. The site is part of a larger 300-acre mixed-use master-planned community, experiencing significant growth. Recent sales within the development include a 4.18-acre parcel to Myrish Hospitality Group for a Hampton Inn and Holiday Inn Express – the first hotel development in Kings Fort – and a 10-acre site for a 240-unit multifamily complex, the first of three planned. The surrounding area boasts established residential development, with Bloomfield Homes, a top-40 US homebuilder, completing Phase 3 & 4 of Georgetown at Kings Fort in June 2023, encompassing 166 lots. This property is zoned PD-MF2, making it ideally suited for multifamily development, capitalizing on the high demand and limited supply in this rapidly expanding market. The asking price is $3,373,370. This is a rare chance to acquire a significant parcel in a thriving community poised for continued growth. The property's location and zoning provide exceptional potential for substantial returns.

    Property Features for 0 Tx-34

    General Information

    Property type
    Land
    Lot Size
    481,774 SF

    HighLights

    • 11.06‑acre tract in Kaufman, TX, at SH 34 and CR 151 intersection, offering high visibility and easy access.
    • Part of a 300‑acre mixed‑use master‑planned community, Kings Fort Market Center, experiencing significant growth.
    • Zoned PD‑MF2, ideal for multifamily development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kaufman
    County
    Kaufman
    State
    Texas
    Longitude
    -96.301806585386
    Latitude
    32.560449558612

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    FAQs

    What type of property is this?
    Land - 11 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at Tx-34 Kaufman, TX.
    What is the asking price?
    The asking price for this property is $3,373,370.
    What are key features of this property?
    This property features: 11.06-acre tract in Kaufman, TX, at SH 34 and CR 151 intersection, offering high visibility and easy access.; Part of a 300-acre mixed-use master-planned community, Kings Fort Market Center, experiencing significant growth.; Zoned PD-MF2, ideal for multifamily development.
    Request Owner's contact information
    Tx-34 Kaufman, TX 75142
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    Kaufman, TX 75142
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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
    Tx-34 Kaufman, TX 75142
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