1214 Ross Ln Springtown, TX 76023
This exceptional 22-acre commercial property in Boyd, Texas, presents a unique investment opportunity. Located in Parker County, within the Springtown ISD, and boasting a convenient address at 1214 Ross Lane Boyd, 76023, this land offers diverse development potential. The property features picturesque coastal hay fields, ideal for agricultural pursuits, and includes a half-acre pond, adding to its aesthetic appeal and recreational possibilities. Three acres near the road are already equipped with 25 RV electrical hookups, perfectly suited for an RV park. Wise County has approved plans for this RV park, allowing for immediate construction commencement. Beyond the RV park potential, the expansive acreage is well-suited for a variety of uses, including horse boarding facilities, storage units, multifamily residential development, or single-family homes. The APN is A0733001101. This versatile property offers significant upside for investors seeking a high-potential land investment in a desirable Texas location. The asking price is $850,000.
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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No recorded transactions found for this property.
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Risks
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