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Property profile & analytics
OFF-MARKET
Land

421 Crosswinds Dr Lorena, TX 76655

11.53 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11.53 ac (502,029 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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