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    Tbd Fm 1366 Wortham, TX 76693

    Sponsored
    For Sale
    $168,000

    Prime Freestone County acreage, $168,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 14-acre commercial land parcel in Wortham, Texas, presents a unique investment opportunity. Located on TBD Fm 1366 in Freestone County (APN 13402), this property is zoned D1 and offers significant potential for various commercial ventures. Priced at $168,000, or $12,000 per acre, it represents a compelling value in the current market. The seller is subdividing this 14-acre tract from a larger 100-acre parcel. While the property is ideal for a range of uses, including building a home or manufactured home, establishing a tree farm, or accommodating livestock, buyers should note that a survey is recommended to confirm the exact property lines depicted in the provided images. Furthermore, the buyer is responsible for erecting a fence within 30 days of closing to separate the 14 acres from the remaining land. Utilities are not guaranteed and must be verified by the prospective buyer. It is important to note that the seller will retain all mineral rights associated with this property. The property's location in Wortham, Texas, zip code 76693, offers a blend of rural tranquility and accessibility. This is a remarkable opportunity to acquire a substantial land holding in a desirable location. Act quickly to secure this exceptional investment.

    Property Features for 0 Tbd Fm 1366

    General Information

    Property type
    Land
    Lot Size
    609,840 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wortham
    County
    Freestone
    State
    Texas
    Longitude
    -96.429036
    Latitude
    31.8079341

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    FAQs

    What type of property is this?
    Land - Prime Freestone County acreage, $168,000
    Where is this land located?
    The property is located at Tbd Fm 1366 Wortham, TX.
    What is the asking price?
    The asking price for this property is $168,000.
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    Tbd Fm 1366 Wortham, TX 76693
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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
    Tbd Fm 1366 Wortham, TX 76693
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