4400 State Hwy Granger, TX 76530
This exceptional 188.04-acre property presents a unique opportunity for commercial or mixed-use development in Williamson County, Texas. Strategically located just south of Granger, this land boasts over one mile of frontage on State Highway 95, plus significant frontage on Doss Lane and County Road 347. Its proximity to the burgeoning Taylor area, including the planned $17 billion Samsung semiconductor facility (approximately 11 miles away), positions it for substantial future growth. A portion of the land lies within Granger city limits, with the remainder in the Granger ETJ. Currently utilized for agriculture and grazing, the fertile clay soil is under a 1-d-1 Ag appraisal, resulting in low taxes and some farm income. The property includes two existing small rental homes (requiring some work), a cell tower with a long-term lease, and two water wells. City water and utilities are readily available. Willis Creek traverses the southern end, creating a floodplain area. Development possibilities are diverse, ranging from entirely commercial tracts to a mix of commercial along Highway 95 and residential or multi-family on the eastern side. Other potential uses include storage units, a manufactured home park, or an RV park. Granger Lake is conveniently located just five miles away. The asking price is $9,450,000 ($55,839/acre). This property offers significant potential for investors seeking a high-growth location in one of Texas's fastest-growing counties.
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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Risks
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