9001 Private Rd Buffalo, TX 75831
This 16.92-acre commercial land parcel in Buffalo, Texas (Gregg County, zip code 75831), is priced at $199,900. Located at 9001 Private Road 2851, this property boasts existing water and electric hookups, making it ideal for immediate development. A concrete pad is already in place, suitable for an RV, presenting an attractive option for a weekend getaway or future homesite. The land is part of a five-tract subdivision situated down a private road, offering seclusion and tranquility. The area is known for its abundant wildlife, including deer and hogs. A significant natural feature is the presence of Serasco Creek, which originates near or on the property, along with a spring branch feeding into the creek. The property's legal description includes AB-638 L.A. Moore Survey and AB-1422 W.J. Moore Survey, Tract 5. The wooded setting provides a peaceful atmosphere, while the existing infrastructure simplifies development plans. This is a unique opportunity to acquire a ready-to-develop commercial tract in a desirable, secluded location.
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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