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Property profile & analytics
OFF-MARKET
Commercial real estate

00 Highway 171 Cresson, TX 76035

67.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 67.89-acre property presents a unique opportunity for various ventures. Located in Cresson, Texas, less than an hour from the Fort Worth metroplex, this largely wooded tract offers unparalleled potential. Its secluded southwest location provides a tranquil setting while remaining conveniently close to urban amenities. The absence of deed restrictions allows for maximum flexibility in development plans, making it suitable for a wide range of uses. Imagine building your dream home on this expansive land, creating a private residential community, or establishing a commercial enterprise. The possibilities are virtually limitless. This property's significant size and prime location in booming Parker County make it a highly desirable investment. An adjoining 44-acre parcel is also available, presenting an opportunity to acquire an even larger contiguous land holding (MLS#20829093). This is a rare chance to secure a substantial piece of land with exceptional potential in a rapidly growing area. The asking price for this remarkable property is $1,356,000. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 67.89 ac (2,957,288 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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