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    OFF-MARKET
    Land

    TBD-27 Crk 120, Gordon, TX 76453

    29.47 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 29.47 ac (1,283,713 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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