421 Crosswinds Dr Lorena, TX 76655
This exceptional 11.525-acre property in Lorena, Texas, presents a unique opportunity to build your dream home or establish a small ranch. Located at 421 Crosswinds Dr, 76655, this flat, buildable land offers endless possibilities. The asking price is $322,700, translating to $28,000 per acre. Currently, there are no utilities connected to the property. However, a significant advantage for prospective buyers is the seller's existing position on the Levi Water waiting list. This allows for a potential transfer of the seller's place in line, expediting the process of obtaining water service. It's important to note that even with the transfer, securing a water meter may still take up to a year. A septic system will be required for any construction. This property is ideal for those seeking a tranquil rural lifestyle with the potential to create a custom home and enjoy the expansive acreage. The property's location in McLennan County offers a blend of peaceful country living with convenient access to nearby amenities. Buyers should be aware of the need for septic and the potential wait time for water service. This is a remarkable opportunity to own a substantial piece of land in a desirable Texas location.
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
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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.