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Property profile & analytics
OFF-MARKET
Land

0 Sugar Cane Ln Temple, TX 76501

Property ID
Property summary
AI-generated overview

Exceptional 69-acre tract in Bell County, Texas, is offered for sale at $2,150,000 ($31,150/acre). This versatile property boasts a diverse range of potential uses, including residential estate development, industrial applications, or agricultural ventures. The land features two tanks, a seasonal creek, and rolling hills, creating a picturesque setting. Approximately two-thirds of the acreage is currently under cultivation, separated by fencing. A barn is also present on the property, which is fully fenced. The property benefits from a low tax rate due to an agricultural exemption. Abundant wildlife, including deer and dove, are present due to a 13-year hunting moratorium. Located about eight miles east of Temple, Texas, near Highway 53, this land enjoys a rural setting yet is conveniently close to the Scott & White Hospital complex and the growing city of Temple. The area is experiencing significant growth, attracting tech companies and retirees, making this a stable and promising investment. On-site water and electricity are available. Currently leased to a local farmer on a year-to-year basis for $3,500 annually, this property presents a unique opportunity for immediate income generation or future development. Its central location in Texas, near major markets like Dallas-Fort Worth, Houston, and Austin-San Antonio, makes it ideal for various commercial enterprises, including greenhouse operations. The property's zoning is currently designated as "None County."

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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