430 Cross Pln Cross Plains, TX 76443
This exceptional 368.538-acre commercial property in Callahan County, Texas, presents a unique investment opportunity. Located at the intersection of CR 429 & CR 430, Cross Plains, TX 76443, this expansive tract boasts diverse features ideal for various commercial ventures. Currently, 136 acres are cultivated wheat fields, with recently baled hay. A significant asset is a 14-acre lake, a Soil Conservation Service Site 6 Reservoir, complemented by two smaller stock tanks fed by Cottonwood Creek. A 5.5-acre wooded area in the northeast corner features a hand-dug well, offering potential for development. Approximately 213 acres consist of native pasture grasses, scattered oaks, and mesquite trees, with another water well equipped with solar panels (details unknown). A portion of the land above the lake is suitable for cultivation. The property benefits from approximately 9,540 feet of county road frontage on two sides. The terrain is gently rolling, with a minimal 30-foot elevation change. Existing exterior fencing (barbed wire on three sides, net on the fourth) is in excellent condition, and a fence across the lake dam serves as a cross-fence. The asking price for this remarkable property is $1,732,000.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.