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Property profile & analytics
OFF-MARKET
Land

114 State Hwy Boyd, TX 76023

18.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18.36-acre tract presents a unique development opportunity along Highway 114, just outside Boyd, Texas (zip code 76023). Located in Wise County, this property (APN A1182001945) is ideally situated to capitalize on the area's anticipated growth. The land is currently offered for sale by owner at $1,590,000. Significant pre-development work has already been completed, including surveying, geo-technical studies, and utility planning. The site is prepared for county submission for a proposed 205-unit RV resort, though alternative development plans are certainly feasible. The property consists of two parcels, Tract 1 and Tract 2, which are available for purchase individually or together. Its location outside city limits, yet within approximately two miles of Boyd, offers a strategic blend of accessibility and rural appeal. This is a rare chance to acquire a well-prepared site ready for immediate development in a thriving Texas market. The property's latitude and longitude coordinates are 33.07566969629275 and -97.61584296611636 respectively.

Property profile
Verified
Property type Land
Lot 18.36 ac (799,762 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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