0 Fm 36 Caddo Mills, TX 75135
This exceptional 75.89-acre tract in Caddo Mills, Texas, presents a unique mixed-use development opportunity. Located on FM 36, just north of Route 66, this property boasts 50 acres within city limits and the remainder in the ETJ. Currently zoned for agriculture, it's earmarked for residential or commercial and retail use. While a floodplain bisects the property, key areas, including the frontage and rear, remain unaffected, providing ample developable space. The property's strategic location directly across from three schools (each with 500-700 students) ensures high visibility and daily traffic flow. This presents a rare chance to capitalize on the area's lack of similar developments north of Highway 66. The site is well-serviced with utilities, including a 6" water line along its FM 36 frontage, and additional nearby 4" and 8" water lines. Sewer infrastructure is robust, featuring a 12" line along the FM 36 frontage transitioning to an 8" line within the property, supplemented by additional lines across the road. Proximity to two lift stations further enhances its development readiness. The property's Hunt County address and 75135 zip code solidify its location. This is a truly remarkable opportunity for investors seeking high-impact commercial and residential development in a rapidly growing area.
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.
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.