1230 Fm 155 Weimar, TX 78962
- Land
- 88.46 lot acres
Current Use by Public Records
- Land
Property Details for 1230 Fm 155
- Lot size
- 88.46 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Exceptional 88.46-acre tract in Weimar, Texas, strategically located just off I-10 South on FM 155. Boasting significant road frontage on both FM 155 (approximately 1684 feet) and CR 240 (approximately 976 feet), this property offers unparalleled accessibility. Existing infrastructure includes a water well and electricity, simplifying development. Currently enjoying agricultural exemption, the land presents diverse development possibilities, including commercial ventures, warehouse/distribution facilities, mobile home parks, and more. Its prime location makes it an ideal candidate for solar and battery energy projects, further enhanced by the proximity of a 138 kV substation on the west side and a 138 kV transmission line running through the property. An additional tax incentive of $1.32/MWH is available for developers. The property's versatility, infrastructure, and location combine to create a compelling investment opportunity with high potential for significant returns. While the existing structures (2107 sq ft, built in 1957) are noted, the primary value lies in the expansive, buildable acreage. This is a rare chance to acquire a large, well-situated parcel in a rapidly growing area. The asking price is $3,538,400, translating to $40,000 per acre.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weimar
- County
- Colorado
- State
- Texas
- Longitude
- -96.7795
- Latitude
- 29.6859
