3665 Us-287 Groveton, TX 75845
This exceptional 40-acre tract of land presents a unique investment opportunity in Groveton, Texas, situated conveniently off US Highway 287. The property is classified as agricultural, recreational hunting land, and timberland, offering diverse potential uses. Existing utilities include water and 220-volt power, simplifying development plans. While the Trinity County Appraisal District (TCAD) information may be inaccurate, a recent survey conducted in June 2023 verifies the 40-acre size and boundaries (survey available upon request). The property's address is listed as 3665 US-287, Groveton, TX 75845, with the APN numbers being 40500 and 29287. This versatile land is ideal for those seeking a recreational retreat, a productive agricultural operation, or a strategic land investment in a desirable Texas location. The asking price for this remarkable property is $400,000. Don't miss this chance to own a piece of Texas.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.