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Property profile & analytics
OFF-MARKET
Land

0000 Fm-1243 Mertens, TX 76670

34.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 34.75-acre property presents a unique investment opportunity near Hillsboro, Texas. Located just a few miles from I-35, this land offers unparalleled convenience and accessibility to major cities like Waco, Dallas, and Fort Worth. Currently leased for corn cultivation, providing a potential revenue stream, the property is zoned for agricultural, commercial, and residential uses. The expansive acreage allows for diverse development possibilities, from a dream home to a thriving farm or commercial venture. Buyers have the flexibility to purchase the entire parcel or explore options for dividing it into two separate parcels (approximately 20 acres and 14.75 acres). The property's location in Hill County, Texas, with a Milford address and 76670 zip code, provides a tranquil setting while remaining conveniently close to urban amenities. Prospective buyers are responsible for surveying the land to determine the optimal parcel size for their specific needs. The asking price for this remarkable property is $672,300. This is an exceptional opportunity to acquire a large parcel of land with diverse potential uses in a desirable location. The property is individually owned.

Property profile
Verified
Property type Land
Lot 34.75 ac (1,513,710 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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CAP Approach CAP
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Comparable Approach Comparable
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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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