0 - Tract 1 Chilton, TX 76632
This exceptional 10-acre property presents a unique opportunity for diverse uses. Located in Chilton, Texas, just 20 minutes from Waco and within a reasonable driving distance of Dallas, Austin, and Houston, this land offers convenient access to major Texas cities. The property boasts approximately 700 linear feet of frontage on CR 494 N, only 0.1 miles from Hwy 7, and is within walking distance of a new Dollar Store. Ideal for livestock grazing, this flat land is also an excellent homesite. Currently under an agricultural exemption for tax purposes, all owned minerals convey with the sale. While there are no existing water or electricity meters on the property, city water is available at the intersection of Hwy 7 and CR 494N, and Oncor Electric services the area. A water well is likely feasible, given the property's location above the Trinity Aquifer (refer to the provided aquifer and well reports for details). Various soil types are present (see the included USDA soil map). The property is currently used for pasture and recreation. Note that an abstract of title is recommended to identify any easements beyond a known gas easement. Showings are by appointment only. Offered at $216,129, or $21,613 per acre.
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
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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.