4893 Tx-174 Cleburne, TX 76033
This exceptional 77+/- acre investment opportunity is situated in Cleburne, Texas, along Highway 174, a major thoroughfare connecting Cleburne to Interstate 35W. Boasting over 10,000 vehicles per day, this property offers unparalleled visibility and accessibility. Currently zoned ETJ (extraterritorial jurisdiction) within Johnson County, this land presents a multitude of development possibilities due to the absence of city zoning restrictions. The property benefits from an existing agricultural exemption, resulting in significantly reduced property taxes. Located approximately 5 miles south of downtown Cleburne and 22 miles south of Fort Worth, this site provides convenient access to major employment centers within the Dallas-Fort Worth MSA, the fourth largest in the nation. Priced at $17,500 per acre, totaling $1,347,500, this represents a compelling investment in a rapidly growing area. The property's location within a county with a median home price of $347,645 and a median price per square foot of $175.61 (August 2024 data) underscores its significant potential. The APN is R000017083. Purchasers are responsible for verifying zoning and permitted uses. This is an exceptional opportunity for investors and developers seeking a strategic location in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.