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    10616 County Road 506 Venus, TX 76084

    Under Contract
    For Sale
    $7,656,380

    Unimproved Land - Venus, TX

    Type:Unimproved Land
    Lot size:
    144.46 Acres
    Days on Market:
    408
    Last Refresh:
    Dec 9 at 9:06 pm

    Property Features for 10616 County Road 506

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    126.0092.00011
    Lot size
    144.46 Acres

    Building Details

    Architectural style
    Other

    Younger Partners Dallas, LLC (214) 238-8000

    Listing agent Jennifer Permenter (214) 294-4400 License #0397828

    Listing date Oct 28, 2024

    MLS# 20466460 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Venus, TX Unimproved Land

    This 144.46-acre property is located in Venus, Texas, within the Extra Territorial Jurisdiction. Situated approximately 22 miles from the central business districts of Fort Worth and Dallas, as well as the DFW International Airport, the land benefits from existing electricity and water services. The City of Venus is in the engineering stages of installing a large sewer line along US 67, which will be located 0.5 miles from the property. The Mansfield-Venus-Midlothian submarket has experienced significant transformation due to industrial, residential, and retail development. The property is positioned in the path of growth originating from developments to the east along highways 67 and 287. This land represents an opportunity to invest in a submarket with rising property values, while land remains more affordable compared to other areas of North Texas. An additional 62 acres to the east are also available, potentially creating a total of 206 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Venus
    County
    Johnson
    State
    Texas
    Longitude
    -97.126195
    Latitude
    32.448932

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    FAQs

    What type of property is this?
    Land - 144 acre land parcel in the path of growth.
    Where is this land located?
    The property is located at 10616 County Road 506 Venus, TX.
    What is the asking price?
    The asking price for this property is $7,656,380.
    What are key features of this property?
    This property features: - Located in a rapidly growing submarket with increasing property values.; - Significantly more affordable land compared to most other areas of North Texas.; - Large 144-acre parcel in Venus ETJ, approximately 22 miles from Fort Worth, Dallas, and DFWIA.
    (214) 294-4400
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    Venus, TX 76084
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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
    10616 County Road 506 Venus, TX 76084
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