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0 Tx-193 Gordon, TX 76453

OFF-MARKET Land Google Maps
212.49 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 212.49-acre property in Palo Pinto County, Texas, presents a unique investment opportunity. Located near Gordon, TX, and easily accessible from Weatherford via Highway 193, this expansive land boasts diverse uses, ideal for commercial, farming, ranching, and recreational pursuits. The land features Barton Creek traversing the property, enhancing its natural beauty and providing a water source. Two picturesque ponds add to the aesthetic appeal and potential for wildlife. The property includes established cattle working pens with a squeeze chute, showcasing its suitability for livestock operations. Mature trees and varied topography create a thriving ecosystem, attracting abundant wildlife, making it perfect for hunting enthusiasts. The property benefits from an agricultural exemption and is serviced by Barton Creek SUD for water. While portions near the creek fall within the floodplain, the majority of the land offers significant development potential. Mild deed restrictions are in place, prohibiting mobile homes and subdivisions smaller than 50 acres. A new survey is required by the buyer. The asking price is $1,593,682, translating to $7,500 per acre. This represents a compelling investment in a desirable Texas location, offering a blend of natural beauty, agricultural utility, and recreational opportunities. All information is deemed reliable, but buyers are advised to independently verify details such as taxes, boundaries, and school districts. Minerals are excluded from the sale.

Property profile

Verified
Property type Land
Lot 212.49 ac (9,256,064 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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