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Property profile & analytics
OFF-MARKET
Land

1555 Tx-34 Italy, TX 76651

520 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 520-acre property presents a unique investment opportunity, blending commercial potential with the charm of a working ranch and recreational haven. Located between Italy and Ennis, Texas, within the Italy ETJ in Ellis County (zip code 76651), this expansive land boasts diverse features. The property is divisible into 100-acre parcels, offering flexibility for development. Improvements include a substantial 5,373 square foot, four-bedroom, 3.5-bathroom home built in 2008, featuring a large family room, gourmet kitchen with professional appliances, media/theater room, exercise room, expansive outdoor patio, infinity pool with spa, game room, and office. Additional structures comprise a 4,200 square foot insulated barn with horse stables, a two-bedroom barn apartment, a 1,200 square foot barn, a 1,735 square foot, three-bedroom, two-bathroom house, and two smaller barns totaling 1,524 square feet. The land itself is enhanced by four ponds, two of which are spring-fed and stocked, and a picturesque covered bridge. Water resources are further supported by access to the Trinity and Woodbine aquifers. The property is ideal for cattle ranching, hunting, and various recreational pursuits. The seller will retain 51% of the mineral rights. This is a rare opportunity to acquire a substantial and versatile property in a desirable Texas location.

Property profile
Verified
Property type Land
Lot 520 ac (22,651,200 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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