1744 Tbd Farm Rd Carlton, TX 76436
This exceptional 59.22-acre property presents a unique investment opportunity in rural Texas. Located in Hamilton County, near Carlton, TX, and easily accessible via State Highway 1744, this land boasts a picturesque setting with gentle rolling terrain and scattered trees. Ideal for a variety of uses, including farming and recreational pursuits, the property is currently priced at $8,900 per acre. The land is securely fenced with barbed wire and features two stock ponds situated near County Road 219 in the southern portion. Its versatility extends to cattle grazing or hay production (Coastal Bermuda). Electricity is readily available along the highway, and the area is known for reliable water wells, ensuring ample resources for various agricultural or residential development projects. This family-owned property offers significant potential for commercial or residential development, given its size, location, and existing infrastructure. The property straddles Hamilton County and the city of Carlton, providing convenient access to local amenities while maintaining a peaceful, rural atmosphere. A short drive west of Hico, TX, adds to its appeal. This is a rare opportunity to acquire a substantial tract of land with diverse potential in a desirable Texas location.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.