Tbd State Hwy 6 Hwy Clifton, TX 76634
This exceptional 58.13-acre tract of undeveloped land presents a compelling investment or development opportunity. Strategically located on State Highway 6, on the southern edge of Clifton, Texas, and just 30 miles from downtown Waco, this property boasts significant road frontage. The rectangular shape features over 1,900 feet of frontage along Highway 6 and extends over 1,000 feet in depth. Utilities are readily accessible, with electricity running along the highway frontage. City water and sewer services are also available. The property's current use is improved farmland, benefiting from an ag-exempt status. Adding to its appeal, a pre-existing billboard situated on the southern end generates annual rental income for the landowner. The land is currently unfenced. Railroad tracks run parallel to the rear of the property, and transmission lines are located along the southern boundary and partially along the back. For investors seeking flexibility, the seller is also offering the property subdivided into three parcels ranging from 16 to 26 acres each. This prime location and versatile offering make this a highly attractive prospect.
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.