Property profile

5243 Fm 2114 Whitney, TX 76692

OFF-MARKET
Land
113.22 ac lot
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Property summary

AI-generated overview

This exceptional 113.22-acre property in Hill County, Texas, presents a unique investment opportunity. Located at 5243 FM 2114 near Abbott, this land boasts convenient access to I-35, placing it strategically between Waco and the Dallas-Fort Worth metroplex. Ideal for residential subdivision development, the property offers multiple flat building sites perfect for custom homes or ranch facilities. Its diverse potential extends beyond residential development, encompassing farming, ranching, or a tranquil rural retreat. The land features a seasonal creek and stock tank, making it suitable for livestock. Utilities are readily accessible, with water meters available through Birome Water Supply and electric service along FM 2114. The property includes approximately 2,000 feet of road frontage on FM 2114 and an additional 2,450 feet along HCR 3204. The landscape is a blend of improved and native grasses, along with cultivated land, offering stunning views. Benefitting from an agricultural exemption for reduced property taxes and no known restrictions, this property in the Abbott ISD presents endless possibilities for the discerning buyer. The asking price is $950,000. This is a truly remarkable opportunity to own a piece of Texas.

Property profile

Verified
Property type Land
Lot 113.22 ac (4,931,863 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5243 Fm 2114 Whitney, TX 76692
Whitney metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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