16620 Fm Rd Manor, TX 78653
This expansive 10.1-acre ranch property presents a remarkable investment opportunity in Manor, Texas. Situated on FM Road 973, near the intersection of New Sweden Church Road, this mostly cleared and level land boasts a tranquil setting with a mature tree stand, a meandering creek, and a stock tank. Its location within the ETJ (Extraterritorial Jurisdiction) of Manor offers considerable flexibility for diverse development projects, catering to both commercial and residential ventures. The property benefits from convenient access to the burgeoning amenities of Manor and the recently expanded New Sweden Road. Furthermore, its proximity to Samsung's campus in Taylor (approximately 10 miles) adds significant appeal. The seller is actively working with Manville and Aqua WSC to facilitate the installation of a 1-inch water line, ensuring future utility access. A TxDOT-approved curb cut onto FM 973 is already in place, streamlining access and development plans. This exceptional property is ideally positioned to capitalize on the substantial growth projected for the area, making it an unparalleled investment prospect. The property's natural features combined with its strategic location create a unique blend of tranquility and development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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