TBD-27 Crk 120, Gordon, TX 76453
This exceptional 29.47-acre property in Gordon, Texas, presents a unique opportunity for commercial, farm, or ranch use. Located in Erath County, zip code 76453, this land boasts convenient access, situated approximately 10 miles from I-20, 30 minutes from Weatherford, and 35 minutes from Stephenville. The property features light deed restrictions, including a minimum 1,500 sq ft home requirement and allowance for barndominiums. Existing infrastructure includes co-op water and electricity, simplifying future development. Well-constructed fencing enhances the property's functionality, making it ideal for horses, cattle, or 4-H/FFA animals. Enjoy abundant wildlife and the benefits of the Gordon Independent School District. The asking price is $324,170, with a price per acre of $11,000. Title work is complete and ready for a quick closing. Buyers and their representatives are responsible for verifying school district information, taxes, and other pertinent details. Driving directions are available upon request.
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
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.