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    Fm 902 Collinsville, TX 76233

    • Land
    • 81.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Fm 902

    Lot size
    81.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Grayson
    State
    Texas
    Longitude
    -96.8571
    Latitude
    33.5599

    Comparable in this City

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      184.90 Acres

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      Farms • 184.90 Acres
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    • Value Estimation by Request
      19.93 Acres

      Southmayd Rd

      Farms • 19.93 Acres
      0 Southmayd Rd, Collinsville, TX 76233
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    • Value Estimation by Request
      12.60 Acres

      2435 Cobler Rd

      Farms • 12.60 Acres
      2435 Cobler Rd, Collinsville, TX 76233
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    • Value Estimation by Request
      0.89 Acres

      Main St

      Land • 0.89 Acres
      0 Main St, Collinsville, TX 76233
      View Details
    • Value Estimation by Request
      4.21 Acres

      4.212Ac Fm 902

      Land • 4.21 Acres
      0 4.212Ac Fm 902, Collinsville, TX 76233
      View Details

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    Fm 902
    Collinsville, TX 76233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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