521 Farm To Market Rd Fayetteville, TX 78940
This exceptional 46.45-acre property in Fayetteville, Texas, presents a unique investment opportunity. Located at the hard corner intersection of State Highway 237 and Farm to Market Road 1291, near Round Top and Warrenton, this land boasts high visibility and high traffic counts. Currently enjoying agricultural exemption, the property is equipped with existing infrastructure including electricity, a water well, and septic system. Its strategic location places it within easy reach of the renowned antique show festivities, attracting hundreds of thousands of visitors annually. The area is experiencing significant growth, with record-breaking home and land sales, making this a prime location for diverse commercial ventures, recreational ranch development, or a combination thereof. The picturesque setting, featuring winding country roads and bluebonnet-covered hillsides, adds to its appeal. The asking price is $3,995,675. Zoned for commercial use, this property offers unparalleled potential for a wide range of development possibilities. The property's address is 521 Farm to Market Rd 1291, Fayetteville, TX 78940.
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.