2626 Fm 816 Wolfe City, TX 75496
This exceptional 252.19-acre property presents a unique investment opportunity in Wolfe City, Texas. Situated on the corner of FM 816 and County Road 1016, it boasts significant frontage on both roadways, ensuring high visibility and accessibility. The land features a diverse landscape including farmland, mature trees, a creek, and ponds, creating a picturesque setting. Its location offers convenient access to major transportation arteries, including U.S. 69, State Highway 11, State Highway 78, and the expanding State Highway 121 corridor, providing easy connectivity to the developing northern Dallas suburbs. The property benefits from an existing agricultural tax exemption and an active agricultural lease, generating immediate income potential. Approximately 90% of the acreage lies within Hunt County, with a smaller portion extending into Fannin County. A significant portion of the property is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. The property is served by the Wolfe City Independent School District. This versatile land parcel is ideal for a variety of uses, subject to zoning regulations. Its size, location, and existing features make it a compelling investment 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.