26172 Farm To Market 429 Terrell, TX 75161
Exceptional 590-acre development opportunity in Kaufman County, Texas, situated approximately five miles from Terrell on Farm to Market Road 429. This expansive property boasts a beautiful country setting and offers significant potential for various uses. A small southern portion falls within the Terrell extraterritorial jurisdiction (ETJ). Water is supplied by Able Springs SUD. The property benefits from an approved Petition for Creation of Kaufman County Municipal Utility District No. 25, streamlining development processes. Negotiable owner financing is available for qualified buyers. The property is held by multiple owners and features convenient access via FM 429 to the north and an additional access point to the south. The land encompasses several parcels, including but not limited to: 216010, 216013, 6646, 2392, 2394, 2393, 6440, 16598, 16599, 8290, 227232, 189013, 16613, 16617, 227232, 177827, 8291, and 227231. Note that a gas pipeline traverses the property. The asking price for this remarkable landholding is $17,700,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.