11 Tbd Hwy Bailey, TX 75413
This exceptional 19.933-acre agricultural property in Bailey, Texas, presents a remarkable opportunity for development. Located in Fannin County, with the address TBD Hwy 11, zip code 75413, this unimproved land boasts prime highway frontage along Highway 11, with CR 4805 running parallel at the rear. This strategic positioning makes it highly suitable for various ventures, including residential housing developments or commercial projects such as a combined grocery store and gas station. The property's APN is 000000086626 and is currently zoned for agricultural use. Existing infrastructure includes readily available water and electricity, with a water meter already installed. The property is part of subdivision A1260-G TEFTELLER. The asking price is $597,990. This land offers significant potential for investors seeking a strategic location with excellent access and existing utilities. The agricultural exemption is currently in place. This is a rare opportunity to acquire a sizable tract of land with high development potential in a growing area. Don't miss out on this chance to secure a piece of Texas real estate with significant upside.
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
Similar Nearby for Sale
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.