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Property profile & analytics
OFF-MARKET
Land

66 Swq Hwy Caddo Mills, TX 75135

44 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 44 ac (1,916,640 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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