0 Watson Rd Kilgore, TX 75662
This expansive 465-acre property near Kilgore, Texas, presents a unique investment opportunity. Located off Watson Rd in Gregg County (zip code 75662), this rural ranch boasts diverse potential uses. The land itself offers significant possibilities for various ventures, including but not limited to: ranching, timber harvesting, recreational activities such as hunting and fishing, and the development of acreage tracts or subdivisions. The property's potential extends even further, with the possibility of high-density residential development. The city of Kilgore has expressed strong interest in collaborating with developers to provide water and/or sewer services, significantly enhancing the property's development potential. Natural features include a spring-fed lake, a pond, and a western border along the substantial Rabbit Creek. The asking price for this remarkable property is $2,149,000. The seller is willing to consider dividing the land into smaller parcels. This presents a rare chance to acquire a large tract of land with exceptional versatility and strong potential for future growth in a desirable Texas location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.