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    1088 Highway 199 Springtown, TX 76082

    Sponsored
    For Sale
    $999,000

    Prime 1.65-acre C2 zoned pad site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.65-acre commercial land parcel is ideally situated at 1088 E Hwy 199 in Springtown, Texas, zip code 76082. Zoned C2 Commercial, this property presents a unique opportunity for developers and investors. The land offers significant potential for a variety of commercial uses. Located in Parker County, this site benefits from a rapidly growing area. The county has seen an impressive 11.9% population increase between 2020 and 2022, according to the United States Census Bureau. Furthermore, the Springtown Independent School District is experiencing faster growth than 90% of all other districts in Texas, as reported by the Texas Education Agency. This robust population growth fuels strong demand for commercial development. The asking price is $999,000, translating to a land value of $13.90 per square foot. The property's strategic location is further enhanced by its proximity to established businesses

    Property Features for 1088 Highway 199

    General Information

    Property type
    Land
    Lot Size
    71,874 SF

    HighLights

    • 25 miles from Downtown Fort Worth.
    • Springtown, TX, located in Parker County.
    • Parker County experienced 11.9% population growth (2020‑2022, US Census Bureau).
    • Springtown ISD growth rate exceeds 90% of Texas school districts (Texas Education Agency).
    • Future Starbucks development less than one mile away.
    Property Profile Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Truck Rental Agency Cliff's Auto Services ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.6609571
    Latitude
    32.9519527

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    FAQs

    What type of property is this?
    Land - Prime 1.65-acre C2 zoned pad site.
    Where is this land located?
    The property is located at 1088 Highway 199 Springtown, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: 25 miles from Downtown Fort Worth.; Springtown, TX, located in Parker County.; Parker County experienced 11.9% population growth (2020-2022, US Census Bureau).
    (214) 689-3600
    Request Owner's contact information
    1088 Highway 199 Springtown, TX 76082
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    Springtown, TX 76082
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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
    1088 Highway 199 Springtown, TX 76082
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