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    371 Fm 1872 Corrigan, TX 75939

    For Sale
    $469,900

    Texas Farmland: Build Your Dream!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 46-acre property in Polk County, Texas, presents a unique investment opportunity. Located at 371 FM 1872, Corrigan, TX 75939, this land boasts a recently thinned timber plantation, offering immediate potential for various projects. The gently rolling terrain features a gorgeous hill, ideal for constructing a custom home, establishing a farm, creating a peaceful vacation retreat, or developing a new subdivision. The possibilities are truly endless. The property's recent thinning leaves ample trees for privacy and aesthetic appeal. Note that this tract is also available as a smaller 18.65-acre parcel under a separate MLS number. The asking price is $469,900. Property taxes are subject to change upon sale, as the land is being separated from a larger tract. Current taxes reflect agricultural and timber exemptions. This is a rare chance to acquire a versatile and attractive piece of Texas land with significant upside potential. Don't miss this opportunity to own a piece of beautiful East Texas countryside.

    Property Features for 371 Fm 1872

    General Information

    Property type
    Agricultural land
    Lot Size
    2,003,760 SF

    HighLights

    • 46‑acre tract in Polk County, Texas, located at 371 FM 1872, Corrigan, TX 75939.
    • Recently thinned timber plantation with gently rolling terrain.
    • Ideal for custom home, farm, or recreational use; subdivision potential.
    • Priced at $469,900.
    • Also available as an 18.65‑acre parcel (separate MLS number).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corrigan
    County
    Polk
    State
    Texas
    Longitude
    -94.9514015
    Latitude
    30.9969715

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    FAQs

    What type of property is this?
    Agricultural land - Texas Farmland: Build Your Dream!
    Where is this agricultural land located?
    The property is located at 371 Fm 1872 Corrigan, TX.
    What is the asking price?
    The asking price for this property is $469,900.
    What are key features of this property?
    This property features: 46-acre tract in Polk County, Texas, located at 371 FM 1872, Corrigan, TX 75939.; Recently thinned timber plantation with gently rolling terrain.; Ideal for custom home, farm, or recreational use; subdivision potential.
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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
    371 Fm 1872 Corrigan, TX 75939
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