4648 Fm147 Birome, TX 76673
This exceptional 67.31-acre commercial property in Groesbeck, Texas, presents a unique investment opportunity. Located at 4648 FM 147 in Limestone County, the land boasts gently rolling terrain and is currently designated as ag-exempt. The property features multiple potential home sites, adding significant development flexibility. Community water access is available, along with an existing pond, enhancing the property's appeal and functionality. The seller is open to dividing the land, with a minimum parcel size of 10 acres available from the east side. This makes the property suitable for a variety of uses, including residential subdivisions, equestrian facilities, or cattle ranching. The property's location in Groesbeck, Texas, offers a blend of rural tranquility and convenient access to local amenities. With its attractive features and flexible options, this 67.31-acre tract represents a compelling investment opportunity in a desirable Texas location. The zip code is 76673. The asking price for the entire property is $673,100.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.