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    7 Tbd Hwy Chilton, TX 76632

    For Sale
    $299,898

    Prime 10-acre tract, commercial & residential potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10-acre property presents a unique investment opportunity in Chilton, Texas. Located just 20 minutes from Waco and within a reasonable driving distance of major Texas cities – approximately 1 hour 15 minutes from both Dallas and Austin, and 2 hours 30 minutes from Houston – this land offers unparalleled accessibility. The property boasts approximately 1,200 linear feet of frontage on Hwy 7, and is only 0.4 miles from Hwy 77, ensuring high visibility and convenient access. A natural tank and wet weather creek add to the property's appeal. Its proximity to a new Dollar Store at the intersection of Hwy 7 & CR 494N further enhances its commercial potential. While there are no existing water or electricity meters on the site, city water is available at the nearby intersection of Hwy 7 and CR 494N, and Oncor Electric Delivery services the area. The property's flat topography and various soil types (detailed in the provided soil map) offer flexibility for development. Currently under an agricultural exemption for tax purposes, all owned minerals convey with the sale. The property is currently used for pasture and recreation. Please note that an abstract of title will be necessary to determine any existing easements. Showings are by appointment only. The asking price is $299,898, or $29,990 per acre.

    Property Features for 7 Tbd Hwy

    General Information

    Property type
    Farms
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre tract of land in Chilton, TX, priced at $299,898 ($29,990/acre).
    • Property offers potential for commercial development and has approximately 1,200 linear feet of Hwy 7 frontage.
    • Located 20 minutes from Waco, TX and within a 1.5‑hour drive of both Dallas and Austin.
    • Features a pond and a creek.
    • Situated near a new Dollar Store and 0.4 miles from Hwy 77.
    • Currently under agricultural exemption for tax purposes; all mineral rights convey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chilton
    County
    Falls
    State
    Texas
    Longitude
    -97.067482632928
    Latitude
    31.279144926037

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    FAQs

    What type of property is this?
    Farm - Prime 10-acre tract, commercial & residential potential.
    Where is this farm located?
    The property is located at 7 Tbd Hwy Chilton, TX.
    What is the asking price?
    The asking price for this property is $299,898.
    What are key features of this property?
    This property features: 10-acre tract of land in Chilton, TX, priced at $299,898 ($29,990/acre).; Property offers potential for commercial development and has approximately 1,200 linear feet of Hwy 7 frontage.; Located 20 minutes from Waco, TX and within a 1.5-hour drive of both Dallas and Austin.
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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
    7 Tbd Hwy Chilton, TX 76632
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