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Property profile

0 - Tract 1 Chilton, TX 76632

OFF-MARKET
Commercial real estate
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre property presents a unique opportunity for diverse uses. Located in Chilton, Texas, just 20 minutes from Waco and within a reasonable driving distance of Dallas, Austin, and Houston, this land offers convenient access to major Texas cities. The property boasts approximately 700 linear feet of frontage on CR 494 N, only 0.1 miles from Hwy 7, and is within walking distance of a new Dollar Store. Ideal for livestock grazing, this flat land is also an excellent homesite. Currently under an agricultural exemption for tax purposes, all owned minerals convey with the sale. While there are no existing water or electricity meters on the property, city water is available at the intersection of Hwy 7 and CR 494N, and Oncor Electric services the area. A water well is likely feasible, given the property's location above the Trinity Aquifer (refer to the provided aquifer and well reports for details). Various soil types are present (see the included USDA soil map). The property is currently used for pasture and recreation. Note that an abstract of title is recommended to identify any easements beyond a known gas easement. Showings are by appointment only. Offered at $216,129, or $21,613 per acre.

Property profile

Verified
Property type Commercial real estate
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

Location

- Tract 1 Chilton, TX 76632
Chilton 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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