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Property profile & analytics
OFF-MARKET
Land

1 Crk 1604 Grand Saline, TX 75140

22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 22-acre commercial land tract presents a unique investment opportunity in Grand Saline, Texas, zip code 75140. Located at Tract 1 CR 1604, Van Zandt County, this property offers a picturesque setting amidst rolling hills and open pastures, characteristic of the region's rural beauty. The area boasts numerous creeks, streams, and hardwood timber, providing a tranquil environment. Grand Saline itself is renowned for its extensive salt mine and sits within the scenic Sabine River valley. The property's convenient location offers easy access to Tyler (within 45 minutes) and Dallas (just over an hour's drive), making it attractive for both residential and commercial development. While ideal for a dream home, the property's size and zoning make it suitable for various commercial ventures. Note that deed restrictions mandate site-built homes with a minimum of 1,500 square feet, and septic systems are required for any residential construction. The asking price for this expansive tract is $310,250. This presents a compelling opportunity to capitalize on the growth and potential of this desirable Texas location. The property's coordinates are 32.6165084 latitude and -95.7012247 longitude.

Property profile
Verified
Property type Land
Lot 22 ac (958,320 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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