4042 Fm 154 Muldoon, TX 78949
This exceptional 92.07-acre property in Fayette County, Texas, presents a unique opportunity for those seeking a secluded hunting and recreational haven. Located at 4042 N FM 154, Muldoon, TX 78949, this landlocked parcel boasts a one-acre fishing pond, mature trees, and dense underbrush, creating an ideal habitat for diverse wildlife including deer, turkey, and various birds. The property is fully fenced and offers unmatched privacy, shielded by a legal easement accessed via a neighboring property and a short drive from FM 154. Note that access involves crossing a railroad track, and buyers may be subject to a private road crossing agreement with Union Pacific Railroad at closing (buyer's expense). Currently lacking utilities (water well, septic, propane, electricity), this property provides a clean slate for buyers to customize. The land was previously under agricultural exemption but is now wildlife exempt. The asking price is $1,660,000. Serious inquiries only; proof of funds is required for showings.
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.