0 43.5 Acre Off Watson Rd Kilgore, TX 75662
This exceptional 43.5-acre property, situated just outside Kilgore, Texas, presents a unique investment opportunity. Part of a larger 465-acre tract, this land offers a multitude of potential uses, from agricultural pursuits to recreational activities. Its rural location provides a tranquil setting while remaining conveniently close to the city of Kilgore. The property boasts a spring-fed lake or pond, adding to its natural beauty and recreational appeal. The diverse landscape includes areas suitable for ranching, timber production, and hunting. The possibilities extend beyond traditional uses; the property's size and location make it attractive for various commercial ventures or even high-density residential development. Furthermore, preliminary discussions with Kilgore city officials indicate a strong interest in collaborating with developers to provide necessary water and sewer infrastructure, significantly enhancing the development potential of this land. Located in Gregg County, Texas, with the address 43.5 acre off Watson Rd, Kilgore, TX 75662, this property is zoned for various uses and presents an exceptional opportunity for investors seeking a versatile and strategically located land parcel. The asking price is $599,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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