66 Swq Hwy Caddo Mills, TX 75135
This ±44-acre tract in Hunt County, Texas, presents a significant mixed-use development opportunity. Located on SW Hwy 66 near the intersection of FM 1565, this property boasts excellent visibility and accessibility. Currently zoned for agricultural use, it offers the potential for annexation within Caddo Mills city limits, allowing for a range of future development options. The property's shape, while non-rectangular, has been strategically assembled to maximize usable acreage for future projects. The owner is open to various transaction structures, including outright sale, parceling, ground leasing, or joint ventures with suitable developers. Key areas, such as the frontage along Hwy 66 and Loop 6, remain unaffected, ensuring valuable development space and convenient ingress/egress. The property's location directly across from the future Caddo Mills Intermediate School guarantees high daily traffic exposure. Existing utilities are available, or readily accessible, and future city infrastructure improvements, including lift stations, are anticipated. The City of Caddo Mills envisions this area as a key gateway to the downtown area, suggesting potential for retail, senior living, multifamily, office, and light industrial/flex developments. This property represents a rare chance to capitalize on the significant growth trajectory of Caddo Mills. The zip code is 75135.
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
Similar Nearby for Sale
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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.