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    421 Crosswinds Dr Lorena, TX 76655

    For Sale
    $322,700

    Prime 11.5-acre residential lot; build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 11.525-acre property in Lorena, Texas, presents a unique opportunity to build your dream home or establish a small ranch. Located at 421 Crosswinds Dr, 76655, this flat, buildable land offers endless possibilities. The asking price is $322,700, translating to $28,000 per acre. Currently, there are no utilities connected to the property. However, a significant advantage for prospective buyers is the seller's existing position on the Levi Water waiting list. This allows for a potential transfer of the seller's place in line, expediting the process of obtaining water service. It's important to note that even with the transfer, securing a water meter may still take up to a year. A septic system will be required for any construction. This property is ideal for those seeking a tranquil rural lifestyle with the potential to create a custom home and enjoy the expansive acreage. The property's location in McLennan County offers a blend of peaceful country living with convenient access to nearby amenities. Buyers should be aware of the need for septic and the potential wait time for water service. This is a remarkable opportunity to own a substantial piece of land in a desirable Texas location.

    Property Features for 421 Crosswinds Dr

    General Information

    Property type
    Land
    Lot Size
    502,029 SF

    HighLights

    • $322,700 asking price for 11.525 acres of land.
    • Located at 421 Crosswinds Dr, Lorena, TX 76655.
    • $28,000 per acre land value.
    • Flat land suitable for a custom home or ranch.
    • No utilities; buyer assumes seller's place on water waiting list (potential 1‑year wait).
    • Septic system required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lorena
    County
    McLennan
    State
    Texas
    Longitude
    -97.187806
    Latitude
    31.401107

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    FAQs

    What type of property is this?
    Land - Prime 11.5-acre residential lot; build your dream home.
    Where is this land located?
    The property is located at 421 Crosswinds Dr Lorena, TX.
    What is the asking price?
    The asking price for this property is $322,700.
    What are key features of this property?
    This property features: $322,700 asking price for 11.525 acres of land.; Located at 421 Crosswinds Dr, Lorena, TX 76655.; $28,000 per acre land value.
    Request Owner's contact information
    421 Crosswinds Dr Lorena, TX 76655
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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
    421 Crosswinds Dr Lorena, TX 76655
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