0 - Tract 3 Chilton, TX 76632
This exceptional 34-acre property presents a unique investment opportunity in Falls County, Texas, near Chilton. Ideally situated just 20 minutes from Waco and within a reasonable driving distance of major Texas cities like Dallas, Austin, and Houston, this land boasts diverse uses. Currently utilized for crop land, pasture, and recreation, it offers immediate income potential. Features include a nice pond, a private firing range, and a wet weather creek bordering the rear. The property also includes a custom homesite, conveniently located within walking distance of a new Dollar Store. Approximately 435 feet of frontage on CR 494 N provides excellent accessibility. All owned minerals convey. The property is currently under an agricultural exemption for tax purposes. Utilities are nearby; a water line is available at the intersection of Hwy 7 and CR 494N, and Oncor Electric Delivery services the area. While there are no existing meters on the property, the location above the Trinity Aquifer suggests a high probability of successful well drilling. Various soil types are present; a USDA soil map is available for review. Note that easements exist for gas and fuel pipelines, and an abstract of title is recommended to identify any additional easements. Showings are by appointment only. Offered at $471,116, or $13,856 per acre.
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.