1 Farm To Market Rd Round Top, TX 78954
This exceptional 5.2-acre property in Fayette County, Texas, presents a unique investment opportunity. Located at the intersection of State Highway 237 and Farm to Market Road 1291 in Round Top (Warrenton), this land boasts unparalleled visibility and high traffic volume. Its strategic location places it within easy reach of the renowned Round Top Antique Show festivities, attracting hundreds of thousands of visitors annually. The property's versatility allows for a wide range of uses, from commercial development to a recreational ranch, catering to the area's burgeoning growth and investment activity. The picturesque setting, characterized by winding country roads and bluebonnet-covered hillsides, adds to its appeal. The high demand for land in this area, coupled with record-breaking home and land sales, makes this a compelling investment prospect. The APN is R39147, and the property is zoned for Agricultural, Ranch, and Residential uses. The asking price is $982,800. This is an exceptional opportunity to capitalize on the thriving Round Top market.
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
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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.