Property profile

14 County Road 3620 Lovelady, TX 75851

OFF-MARKET
Land
55.69 ac lot
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Property summary

AI-generated overview

This exceptional 55.689-acre hunting and recreational property, located at 14 County Road 3620 in Lovelady, Texas, presents a unique opportunity. The estate sale offering includes improved pastureland ideal for livestock or horses, complemented by three lakes or ponds, enhancing its recreational appeal. Access is provided via County Road 3620, ensuring convenient access while maintaining a low-traffic, tranquil environment. The property is situated within the Lovelady Independent School District and boasts a "high and dry" location. Existing structures include a 1200-square-foot (CAD) fixer-upper farmhouse featuring two bedrooms and one bathroom, along with an attached garage. Additionally, an 820-square-foot (CAD) metal barn provides ample storage space. The property is designated as Tract 14 and fronts the southern side of County Road 3620, within a ranchy community. The asking price for this expansive property is $525,000. The zip code is 75851, and the property is located in Houston County. This is a rare opportunity to acquire a versatile property with significant potential for hunting, recreation, and potential development. The property's location offers a peaceful country setting with easy access to local amenities.

Property profile

Verified
Property type Land
Lot 55.69 ac (2,425,813 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14 County Road 3620 Lovelady, TX 75851
Lovelady metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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