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Property profile & analytics
OFF-MARKET
Land

11311 Fm 880 Cross Plains, TX 76443

38 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 38 ac (1,655,280 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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