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    321 Carolyn Ln Italy, TX 76651

    For Sale
    Contact for pricing

    139 Acres, Prime Location, AG Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 139.43-acre property presents a unique investment opportunity in the desirable Italy, Texas area. Located at 321 Carolyn Lane, this expansive land parcel boasts a prime location offering convenient access to major transportation arteries. Its proximity to Interstate Highway 35 and Highway 34 ensures easy commuting to nearby cities. Situated approximately 15 miles south of Waxahachie and 20 miles north of Hillsboro, this property benefits from the advantages of a thriving regional economy while maintaining a tranquil rural setting. The land is zoned for agricultural use (AG), providing flexibility for a variety of potential uses. Whether you envision developing a working ranch, creating a private estate, or pursuing other agricultural ventures, this expansive tract offers significant potential. The property's size and strategic location make it an ideal investment for those seeking a substantial land holding in a rapidly growing area of Texas. Detailed surveys and soil reports are available upon request. This is a rare opportunity to acquire a significant land parcel in a highly sought-after location. Don't miss out on this exceptional investment prospect. Contact us today to learn more.

    Property Features for 321 Carolyn Ln

    General Information

    Property type
    Farms
    Lot Size
    6,073,571 SF

    HighLights

    • 139.43‑acre land parcel in Italy, Texas.
    • AG zoning.
    • Located near I‑35 and Hwy 34, approximately 15 miles south of Waxahachie and 20 miles north of Hillsboro.
    • Broker co‑op available.
    • Property includes agricultural, residential, and ranch subtypes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Italy
    County
    Ellis
    State
    Texas
    Longitude
    -96.916029
    Latitude
    32.2006076

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    FAQs

    What type of property is this?
    Farm - 139 Acres, Prime Location, AG Zoning
    Where is this farm located?
    The property is located at 321 Carolyn Ln Italy, TX.
    What are key features of this property?
    This property features: 139.43-acre land parcel in Italy, Texas.; AG zoning.; Located near I-35 and Hwy 34, approximately 15 miles south of Waxahachie and 20 miles north of Hillsboro.
    Request Owner's contact information
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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
    321 Carolyn Ln Italy, TX 76651
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