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    547 Co Rd Farmersville, TX 75173

    For Sale
    $2,750,000

    Prime Agricultural Land near Lake Lavon

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 33.48-acre property in Collin County, Texas, presents a remarkable investment opportunity. Located near Lake Lavon and just west of the Hwy 78 corridor, this unzoned land boasts easy access to I-30 and Hwy 380, providing convenient connectivity. Currently designated as agricultural land, this expansive tract offers unparalleled flexibility. With no restrictions, the possibilities are vast, ranging from residential development and RV parks to mobile home communities or storage facilities. Imagine a thriving ranch or capitalize on the area's rapid growth. Nearby, established residential communities feature homes valued at $700,000+, showcasing the area's desirability. Utilities are readily accessible, with electricity at the street and water approximately 1200 feet away. The property's proximity to Lake Lavon adds significant recreational appeal, easily accessed at the end of CR 547. This is a rare chance to acquire a substantial parcel in one of the nation's fastest-growing and most desirable counties. The asking price is $2,750,000. The address is Co Rd 547, Nevada, TX 75173, within Collin County.

    Property Features for 547 Co Rd

    General Information

    Property type
    Farms
    Lot Size
    1,458,389 SF

    HighLights

    • $2,750,000 asking price for 33.48 acres of unzoned agricultural land.
    • Located in rapidly growing Collin County, Texas, near Lake Lavon.
    • Convenient access to Hwy 78, I‑30, and Hwy 380.
    • Currently zoned agricultural; no restrictions.
    • Potential for various uses including residential development, RV park, or storage facility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmersville
    County
    Collin
    State
    Texas
    Longitude
    -96.439424
    Latitude
    33.0851816

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    FAQs

    What type of property is this?
    Farm - Prime Agricultural Land near Lake Lavon
    Where is this farm located?
    The property is located at 547 Co Rd Farmersville, TX.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: $2,750,000 asking price for 33.48 acres of unzoned agricultural land.; Located in rapidly growing Collin County, Texas, near Lake Lavon.; Convenient access to Hwy 78, I-30, and Hwy 380.
    Request Owner's contact information
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    Farmersville, TX 75173
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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
    547 Co Rd Farmersville, TX 75173
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