Property profile

4648 Fm147 Birome, TX 76673

OFF-MARKET
Land
67.31 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 67.31 ac (2,932,024 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4648 Fm147 Birome, TX 76673
Birome metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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