1147 Co Rd Celeste, TX 75423
This expansive 580-acre tract presents a remarkable investment opportunity in Hunt County, Texas. Located near Celeste, this property boasts significant highway frontage along Highway 69, offering excellent visibility and accessibility. The land is zoned for residential use, making it ideal for a variety of development projects, from large-scale residential communities to individual estate properties. The asking price is $14,509,925, translating to a land value of $25,000 per acre. Situated in a desirable location just 15 miles from Greenville and 35 miles from Sherman, this property benefits from proximity to established urban centers while maintaining a tranquil rural setting. The substantial acreage provides ample space for diverse development plans, catering to a wide range of residential needs. Detailed surveys and environmental reports are available upon request. This exceptional property offers a unique blend of location, size, and potential, making it an attractive investment for discerning buyers seeking a significant land holding in a rapidly growing area of Texas. The property's address is Co Rd 1147, Celeste, TX 75423. The geographic coordinates are 33.3187072 latitude and -96.2258212 longitude.
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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Risks
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