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Property profile & analytics
OFF-MARKET
Land

7 Tbd Hwy Chilton, TX 76632

10 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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