0 Fm 902 Collinsville, TX 76233
This exceptional 81-acre property presents a prime investment opportunity at the strategic northwest corner of FM Highway 901 and FM Highway 902 in Collinsville, Texas (zip code 76233). Boasting approximately 1,498 feet of frontage on FM 902 and 2,355 feet of frontage on FM 901, this expansive tract offers unparalleled visibility and accessibility. Situated just west of Preston Road, south of US Highway 82, and approximately 2.5 miles east of Collinsville, the location is ideal for a variety of commercial, retail, or mixed-use developments. Currently utilized as farmland and pasture, with a reliable tenant rancher in place, the property generates immediate income while allowing for future development planning. The land is privately owned (APN: 127924, 505733) and is priced at $3,847,500, or $47,500 per acre. This high-traffic location, combined with the significant acreage and existing income stream, makes this a rare opportunity for investors and developers seeking substantial growth potential in a rapidly developing area. Don't miss this chance to secure a prime piece of Texas real estate.
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
Similar Nearby for Sale
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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.