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    638 Rock Creek Rd Gordonville, TX 76245

    Sponsored
    For Sale
    $2,100,000

    Prime Texas Ranch, Hunting, Residential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 50-55 acre property in Grayson County, Texas, presents a unique investment opportunity. Located at 638 Rock Creek Rd, Gordonville, TX 76245, this land boasts a desirable AG zoning designation, offering flexibility for various uses. The property is ideally situated less than five minutes from Lake Texoma, providing convenient access to recreational activities. Its prime location is directly across from the Rock Creek Golf Course, Resort, and Community, offering proximity to amenities without restrictive covenants. The land is currently for sale by owner, priced at $2,100,000, translating to approximately $38,181.81 per square foot. The property is versatile, suitable for developing a single-family residence or establishing a recreational ranch. Four one-acre platted parcels along Rock Creek Road are available for individual home construction, while the remaining 50 acres offer ample space for a larger-scale development or a private ranch. This property offers a blend of convenience, recreational opportunities, and development potential, making it an attractive investment in a desirable Texas location. The property's latitude and longitude coordinates are 33.82387632528807 and -96.89703065322433 respectively.

    Property Features for 638 Rock Creek Rd

    General Information

    Property type
    Farms
    Lot Size
    2,178,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Hotel & Motel Food Market Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Gordonville
    County
    Grayson
    State
    Texas
    Longitude
    -96.897030653224
    Latitude
    33.823876325288

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    FAQs

    What type of property is this?
    Farm - Prime Texas Ranch, Hunting, Residential
    Where is this farm located?
    The property is located at 638 Rock Creek Rd Gordonville, TX.
    What is the asking price?
    The asking price for this property is $2,100,000.
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    Gordonville, TX 76245
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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
    638 Rock Creek Rd Gordonville, TX 76245
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