T28 Fm 355 Lacy, TX 75845
This exceptional 34-acre property, located near Groveton, Texas (APN: Portion of 23195), presents a unique investment opportunity. Priced at $305,830 ($8,995/acre), this land boasts convenient access via FM 355. Historically utilized as industry forestland, the property features a diverse landscape. Mature pine plantations are interspersed with mixed hardwoods along creek drains, offering a variety of uses. The land is well-suited for continued silviculture, conversion to pasture, or recreational pursuits. Its high and dry elevation makes it ideal for improved farm or ranch development. The property's location in Trinity County, Texas, zip code 75845 (latitude 31.005231, longitude -95.137014), provides easy access to local amenities while maintaining a peaceful, rural setting. This is a first-time open market offering of this land, making it a rare opportunity for buyers seeking a versatile property in a desirable location. The address is listed as T28 FM 355, Lacy, TX.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.