0 Heavenly Holly Rnch Holly Lake Ranch, TX 75765
This exceptional 40-acre commercial ranch property in Holly, Texas (zip code 75765), presents a unique investment opportunity. Located in Wood County, this expansive land parcel offers significant potential for various commercial ventures. The property boasts unobstructed views of the vast open prairie and is conveniently situated within walking distance of Holly's historic downtown area. Easy access to US 50 provides convenient transportation links. The area offers a low cost of living, an award-winning K-12 school system, and new amenities including an urgent care facility and retail store. Future community enhancements include a community garden and a shared barn. While roads are slated for development in Spring 2025 at seller's expense, and irrigation equipment will be removed at the same time, the property's size and location make it highly attractive for commercial development. The property is currently listed at $249,000 and can also be purchased with seller financing for $279,000. Alternatively, the property may be subdivided into individual lots. This is a rare opportunity to acquire a substantial land holding in a growing Texas community with a rich history. The property's latitude and longitude coordinates are 32.7163884, -95.1999664 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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Risks
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