2891 Co Rd Farmersville, TX 75442
This exceptional 150-acre commercial land parcel presents a remarkable investment opportunity in the thriving Farmersville, Texas market. Located in Collin County, at 2891 County Road 696, zip code 75442, this property boasts a desirable Pasture zoning designation. The expansive acreage (6,534,000 square feet), identified by APN R667500206301, offers significant potential for a wide range of development projects. With a list price of $7,000,000, the price per acre is $46,666.67, representing a compelling value in this rapidly growing area. The property's location provides convenient access to major transportation routes, combining rural tranquility with excellent connectivity. Its size and zoning make it suitable for various uses, including but not limited to, residential subdivisions, commercial ventures, or agricultural enterprises. This is a rare opportunity to acquire a substantial land holding in a highly sought-after Texas location, poised for significant future appreciation. The property is currently offered as a single multi-parcel lot, and is not currently part of a planned development. Buyers should conduct their own due diligence regarding subdivision potential.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.