224 Ln Grange Dr Atlanta, TX 75551
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.