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Property profile & analytics
OFF-MARKET
Land

T28 Fm 355 Lacy, TX 75845

34 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 34 ac (1,481,040 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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