4451 Fm 308 Mertens, TX 76666
This expansive 361.58-acre property, located at 4451 S FM 308 in Mertens, Texas, presents a unique investment opportunity. Situated conveniently, it's just one hour south of the Dallas-Fort Worth Metroplex, offering easy access to a major metropolitan area. The location also benefits from proximity to Hillsboro (20 minutes) and Waco (45 minutes), providing further access to regional amenities and markets. Currently utilized for equine activities and agriculture, this land holds significant potential for future commercial or residential development. Its versatile nature allows for immediate income generation through existing uses while simultaneously positioning it for substantial long-term growth. The property's size and location make it an attractive option for large-scale projects or strategic land banking. The seller is demonstrating flexibility by offering owner financing, making this exceptional Texas property even more accessible. This presents a rare chance to acquire a substantial land holding in a rapidly developing area with diverse potential uses. The property's central location and existing infrastructure make it a compelling investment for both immediate returns and future appreciation. Consider the possibilities of this expansive acreage and its strategic location in the heart of Texas.
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
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.