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    114 State Hwy Boyd, TX 76023

    For Sale
    $1,590,000

    Prime 18-acre Texas Ranch/Commercial Tract

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 18.36-acre tract presents a unique development opportunity along Highway 114, just outside Boyd, Texas (zip code 76023). Located in Wise County, this property (APN A1182001945) is ideally situated to capitalize on the area's anticipated growth. The land is currently offered for sale by owner at $1,590,000. Significant pre-development work has already been completed, including surveying, geo-technical studies, and utility planning. The site is prepared for county submission for a proposed 205-unit RV resort, though alternative development plans are certainly feasible. The property consists of two parcels, Tract 1 and Tract 2, which are available for purchase individually or together. Its location outside city limits, yet within approximately two miles of Boyd, offers a strategic blend of accessibility and rural appeal. This is a rare chance to acquire a well-prepared site ready for immediate development in a thriving Texas market. The property's latitude and longitude coordinates are 33.07566969629275 and -97.61584296611636 respectively.

    Property Features for 114 State Hwy

    General Information

    Property type
    Farms
    Lot Size
    799,762 SF

    HighLights

    • 18.36‑acre development tract in Boyd, TX (76023), Wise County, APN A1182001945.
    • Offered at $1,590,000.
    • Pre‑development work complete (surveying, geo‑technical studies, utility planning).
    • Proposed 205‑unit RV resort plan; alternative uses feasible.
    • Two parcels (Tract 1 & 2), available individually or together.
    • Highway 114 frontage; ~2 miles from Boyd, offering rural appeal with accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Boyd
    County
    Wise
    State
    Texas
    Longitude
    -97.615842966116
    Latitude
    33.075669696293

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    FAQs

    What type of property is this?
    Farm - Prime 18-acre Texas Ranch/Commercial Tract
    Where is this farm located?
    The property is located at 114 State Hwy Boyd, TX.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: 18.36-acre development tract in Boyd, TX (76023), Wise County, APN A1182001945.; Offered at $1,590,000.; Pre-development work complete (surveying, geo-technical studies, utility planning).
    Request Owner's contact information
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    Boyd, TX 76023
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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
    114 State Hwy Boyd, TX 76023
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