11311 Fm 880 Cross Plains, TX 76443
This exceptional 38-acre agricultural property presents a unique opportunity in Callahan County, Texas. Strategically located on the northeast corner of FM 880 and CR 440, this land boasts .25 miles of county road frontage and an impressive 1300 feet of paved FM frontage, ensuring easy access and high visibility. The landscape is characterized by a pleasing mix of mature trees, including Cedars, Mesquites, Live Oaks, and smaller Post Oaks, providing both natural beauty and potential building sites. A significant advantage is the presence of a well, approximately 78 feet deep, with a documented yield of 30 gallons per minute at the time of drilling. This well is ready for use upon connection to electricity, which is readily available along both the FM and county roads. The property offers a gentle slope with over 20 feet of elevation change, allowing for versatile development options. Whether you envision a tranquil homesite, a small ranch, or a combination of both, this property's potential is undeniable. Its combination of convenient access, natural beauty, and existing infrastructure makes it an attractive investment for those seeking a peaceful rural lifestyle in a desirable Texas location. The property is priced at $280,000.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.