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Property profile & analytics
OFF-MARKET
Land

11633 Mount Nebo Rd Grape Creek, TX 76901

11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11-acre property, comprised of two 5.5-acre tracts (APN 000062728, 000062729), presents a unique opportunity in the desirable Grape Creek area of Tom Green County, Texas. Located at 11633 Mt Nebo Rd, San Angelo, TX 76901, this land boasts a fenced perimeter, providing ample space for a new home or barndominium. The property is conveniently situated on a paved road, gated, and surrounded by established homes and acreage properties. Utilities are accessible, with an existing water meter ready to connect to Concho Rural Water (a $110 deposit and $50 connection fee apply). While a current survey isn't available, the seller is open to contributing to a new survey or splitting the survey costs with a buyer under an acceptable offer. A concrete pad is situated at the entrance. Enjoy the peace and quiet of this secluded location, yet remain just 15 minutes from the amenities of San Angelo. Grape Creek offers its own local restaurants, gas stations, convenience stores, and other shopping options, along with Grape Creek schools serving students from elementary through high school. The asking price is $189,900 ($17,263.64/acre), and the seller is willing to consider splitting the land into two 5.5-acre tracts at $99,900 each. A $2000 buyer allowance is offered for closing costs or improvements. The seller prefers closing at Surety Title. This property is zoned for residential lots.

Property profile
Verified
Property type Land
Lot 11 ac (479,160 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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