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    Tx-22 Hillsboro, TX 76645

    Sponsored
    For Sale
    $829,800

    High-traffic Hwy 22 frontage, versatile land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 27.66-acre property boasts prime road frontage along State Highway 22 in Hillsboro, Texas, offering significant visibility and accessibility. Located in Hill County, zip code 76645, this land presents a unique investment opportunity due to its versatile nature and lack of zoning restrictions. The property is suitable for a variety of uses, including agricultural and commercial ventures. A water meter is already installed on the site, and electricity is readily available nearby. The asking price is $829,800, translating to $30,000 per acre. This represents a compelling value for a property of this size and location with such convenient utilities. Furthermore, there is potential for expansion, as additional acreage may be available for acquisition. This property's high-traffic location and flexible zoning make it an attractive option for entrepreneurs and investors seeking a substantial land holding with diverse development possibilities. Interested parties should act quickly, as this unique opportunity is unlikely to remain available for long.

    Property Features for 0 Tx-22

    General Information

    Property type
    Farms
    Lot Size
    1,204,870 SF

    HighLights

    • High‑traffic Highway 22 frontage.
    • Existing water meter; electricity available.
    • Unzoned; suitable for commercial or agricultural use.
    • Potential for land expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hillsboro
    County
    Hill
    State
    Texas
    Longitude
    -97.059157673217
    Latitude
    32.01800941669

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    FAQs

    What type of property is this?
    Farm - High-traffic Hwy 22 frontage, versatile land.
    Where is this farm located?
    The property is located at Tx-22 Hillsboro, TX.
    What is the asking price?
    The asking price for this property is $829,800.
    What are key features of this property?
    This property features: High-traffic Highway 22 frontage.; Existing water meter; electricity available.; Unzoned; suitable for commercial or agricultural use.
    Request Owner's contact information
    Tx-22 Hillsboro, TX 76645
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    Hillsboro, TX 76645
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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
    Tx-22 Hillsboro, TX 76645
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