Property profile

00B Crk 2911 Eustace, TX 75124

OFF-MARKET
Land
5.49 ac lot
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Property summary

AI-generated overview

This exceptional 5.49-acre property in Eustace, Texas, presents a compelling investment opportunity. Located in desirable Henderson County, this commercially zoned land offers excellent potential for development, boasting convenient access to Highway 175 and proximity to the Dallas-Fort Worth metroplex (approximately one hour away). The property is already fenced and enjoys a peaceful setting amidst established ranches. Utilities are readily available, with power running along the roadside, and the land sits within the Carrizo-Wilcox aquifer district, making well water a viable option. A septic system will be necessary for any future construction. The property features good road frontage and is free from known restrictions. The location within the award-winning Eustace ISD adds to its appeal. The land encompasses approximately 239,144 square feet, with a lot square foot price of $0.50. The asking price is $119,000, translating to $21,675.77 per acre. The property's APN is 07960580000030. The possibility of acquiring additional acreage exists. This versatile land is ideal for a variety of commercial ventures or recreational pursuits, including hunting.

Property profile

Verified
Property type Land
Lot 5.49 ac (239,144 SF)

Cap rate & NOI

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

Location

00B Crk 2911 Eustace, TX 75124
Eustace metro
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Value estimations

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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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