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    OFF-MARKET
    Land

    0 Tx-193, Gordon, TX 76453

    212.49 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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