Unimproved Land Near Highway
Hwy 287 S Rhome, TX 76078
Hwy 287 S, Rhome, TX, 76078
$6,250,000
For Sale
$6,250,000
LAND - Rhome, TX
Lot Size204.00 Acres
Days on Market105
Property Features for Hwy 287 S
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Cleared
- Fencing
- Fenced
- Standard status
- Active
- APN
- 749537
- Lot size
- 204.00 Acres
Taxes and HOA fees
- Tax Description
- A-858 A VASQUEZ 204. ACRES
- Tax Annual Amount
- 144
Building Details
- Additional Structures
- Corral(s)
Listing agency
RE/MAX DFW Associates IV
(972) 539-3550
Listed by
Marlene Bowdon · License #0595573
(972) 462-8181
Added: Apr 8 Updated: Jun 8 at 8:49PM Checked: Jul 21 at 6:06PM
MLS# 21152649
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Investment Insights
Based on property information with market context.
This 204-acre property in Rhome, Texas, presents a development or investment opportunity. Preparation is underway for Highway 287 to become an interstate. The property is offered for sale in conjunction with an adjoining 105-acre parcel, listed under MLS#21152657, creating a total of 309 acres available for a combined price of $6,250,000. The sale includes surface rights only, with mineral rights to be retained by the seller. An existing oil and gas lease is in place, with approximately 5 active well heads on the property. The pipeline operator, TARGA, is open to relocating the pipeline if needed, which can be arranged upon closing. A current cattle lease is active and can remain in place to maintain the agricultural exemption.
Key Highlights
- Highway 287 expansion to interstate status offers significant development potential.
- Combined 309 acres available with adjoining property (MLS#21152657).
- Active oil and gas lease with potential for pipeline relocation.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential land & home ...
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FAQs
What type of property is this?
Land - 204 acres of land with highway frontage in Rhome, TX.
Where is this land located?
The property is located at Hwy 287 S Rhome, TX.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Highway 287 expansion to interstate status offers significant development potential.; Combined 309 acres available with adjoining property (MLS#21152657).; Active oil and gas lease with potential for pipeline relocation.
