T45 Easement Rd Lacy, TX 75845
This exceptional 11-acre property, located near Groveton, Texas, presents a unique investment opportunity. Situated off FM 355 on T-45 Easement Road, this land boasts convenient access. Historically utilized as forestland, the property features a diverse landscape. Mature pine plantations are interspersed with mixed hardwoods along creek drains, creating a varied and attractive environment. The land is high and dry, making it ideal for recreational activities or conversion to improved pastureland. The property is ready for continued silviculture or a shift to pasture use, offering flexibility for various purposes. This is a first-time open market offering of a portion of APN 23195, priced at $109,945, or $9,995 per acre. Its location in Trinity County, Texas, zip code 75845 (latitude 31.007263, longitude -95.140731), provides easy access while maintaining a tranquil setting. This versatile land is perfect for hunting, recreational pursuits, or agricultural development. Don't miss this chance to own a piece of Texas countryside.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.