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Property profile & analytics
OFF-MARKET
Land

224 Ln Grange Dr Atlanta, TX 75551

1,680 SF 15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15-acre property in Wake Village, Texas, presents a remarkable investment opportunity for developers. Located within the city limits of this rapidly growing Texarkana suburb, the property currently features a 1,680 square foot, two-story brick residence with three bedrooms and two bathrooms. The existing home includes central air and heat, a wood-burning fireplace, and a Ring security system. However, the true potential lies in the expansive land itself, ideally suited for subdivision, multifamily development, or commercial projects, subject to necessary approvals. The property's strategic location offers easy access to urban conveniences and infrastructure, making it an attractive site for various development ventures. The asking price is $1,300,000. This prime location in Wake Village, known for its blend of suburban tranquility and urban accessibility, promises significant future growth and increased demand. This is a rare chance to shape the future of Wake Village. All information is subject to verification and change.

Property profile
Verified
Property type Land
Total area 1,680 SF
Lot 15 ac (653,400 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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