0 Tbd Hwy 380 Elbert, TX 76372
This exceptional 213.3-acre commercial land parcel presents a unique investment opportunity in Elbert, Texas. Located at TBD Hwy 380 W, this unrestricted property boasts a prime location in Young County, offering significant development potential. Situated within the Newcastle ISD, this expansive tract provides ample space for a variety of commercial ventures. Its rural setting offers a tranquil environment while remaining conveniently located northwest of Fort Worth, Texas, providing easy access to major transportation routes and a thriving regional economy. The property's size and unrestricted nature allow for considerable flexibility in development plans, making it ideal for large-scale projects. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area. Please note that special terms and conditions, including a buyer's premium, apply to all sales. The property is being offered at an asking price of $300,100. Detailed information regarding zoning and permitted uses is available upon request. Don't miss this chance to secure this significant commercial land asset. Act quickly, as opportunities like this are seldom available. The zip code for this property is 76372.
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
Similar Nearby for Sale
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.