0 Tx-193, Gordon, TX 76453
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.
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.