11246 County Road 418 Grandview, TX 76050
This exceptional 155.64-acre property in Grandview, Texas, presents a unique investment opportunity. Located at 11246 County Rd 418, Johnson County, TX 76050, this mixed-use land boasts significant development potential. The property includes a substantial 6,000 square foot barndominium featuring five bedrooms, each with its own ensuite bathroom. An elegant dining area flows seamlessly into an open-concept kitchen, ideal for entertaining. Ample parking, a large shop, and a spacious play area cater to various needs. A beautiful pool with a waterfall feature is enclosed by a wrought iron fence. The property utilizes a co-op water supply and septic system. Fencing and cross-fencing support a productive hay operation, enhanced by five stock tanks suitable for cattle. The land's agricultural capabilities are complemented by its high development potential. The seller believes they own 100% of the mineral rights and is willing to convey 50% with an acceptable offer. APN: 126091100020, 126091100021. This is a rare chance to acquire a large, versatile property with substantial upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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