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    420 Co Rd Thorndale, TX 76577

    For Sale
    $875,000

    Prime Texas farmland, ag lease in place. Ideal family farm.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 47.592-acre cultivated row crop farm presents a unique investment opportunity in Thorndale, Texas. Currently utilized for row crop production, the property boasts an existing agricultural lease, providing immediate income potential. The land is ideally suited for a family farming operation, offering fertile acreage and established agricultural infrastructure. Located conveniently near both Thorndale and Taylor, Texas, the property offers easy access to local amenities and transportation routes. The property's address is listed as Co Rd 420, spanning across Milam and Williamson Counties, with zip codes 76577 and 76574 respectively. The asking price for this productive farmland is $875,000. All interested parties are strongly encouraged to independently verify all details pertaining to the property, including acreage, lease terms, and zoning regulations. This is a rare opportunity to acquire a well-established, income-producing farm in a desirable Texas location. The property is offered for sale by owner.

    Property Features for 420 Co Rd

    General Information

    Property type
    Farms

    HighLights

    • 47.592‑acre cultivated row crop farm in Milam and Williamson Counties, Texas.
    • Asking price: $875,000.
    • Currently under agricultural lease.
    • Suitable for family farming operation.
    • Property is being sold by owner; broker co‑op is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thorndale
    County
    Milam
    State
    Texas
    Longitude
    -97.2162404
    Latitude
    30.7116464

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    FAQs

    What type of property is this?
    Farm - Prime Texas farmland, ag lease in place. Ideal family farm.
    Where is this farm located?
    The property is located at 420 Co Rd Thorndale, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 47.592-acre cultivated row crop farm in Milam and Williamson Counties, Texas.; Asking price: $875,000.; Currently under agricultural lease.
    Request Owner's contact information
    420 Co Rd Thorndale, TX 76577
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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
    420 Co Rd Thorndale, TX 76577
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