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    OFF-MARKET
    Land

    547 Co Rd, Farmersville, TX 75173

    33.48 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 33.48-acre property in Collin County, Texas, presents a remarkable investment opportunity. Located near Lake Lavon and just west of the Hwy 78 corridor, this unzoned land boasts easy access to I-30 and Hwy 380, providing convenient connectivity. Currently designated as agricultural land, this expansive tract offers unparalleled flexibility. With no restrictions, the possibilities are vast, ranging from residential development and RV parks to mobile home communities or storage facilities. Imagine a thriving ranch or capitalize on the area's rapid growth. Nearby, established residential communities feature homes valued at $700,000+, showcasing the area's desirability. Utilities are readily accessible, with electricity at the street and water approximately 1200 feet away. The property's proximity to Lake Lavon adds significant recreational appeal, easily accessed at the end of CR 547. This is a rare chance to acquire a substantial parcel in one of the nation's fastest-growing and most desirable counties. The asking price is $2,750,000. The address is Co Rd 547, Nevada, TX 75173, within Collin County.

    Property profile
    Verified
    Property type Land
    Lot 33.48 ac (1,458,389 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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