1666 Walnut Grove Rd Midlothian, TX 76065
- Land
- 12.00 lot acres
Current Use by Public Records
- Land
Property Details for 1666 Walnut Grove Rd
- Lot size
- 12.00 lot acres
- Property type
- Land
Description
This exceptional 12-acre property, located at 1666 S Walnut Grove Rd, Midlothian, Texas 76065 (APN 183287), presents a significant opportunity for future development. Situated off Highway 287, this land boasts approximately 364 feet of road frontage on Walnut Grove Road. Its prime location offers excellent visibility and accessibility. The property is uniquely positioned adjacent to Bridgwater, a substantial and recently developed residential community in Midlothian and Ellis County, suggesting strong potential for synergistic development. Currently, a tenant-occupied house sits on the property, adding to its immediate income potential. This versatile land parcel is zoned for both commercial and residential uses, providing flexibility for a variety of development projects. The asking price for this remarkable 12-acre tract is $3,745,000. Serious inquiries are encouraged to explore the possibilities of this exceptional investment opportunity in a rapidly growing area of Texas. This property offers a unique blend of immediate income potential and long-term development upside. Don't miss this chance to acquire a significant piece of land in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Ellis
- State
- Texas
- Longitude
- -96.941
- Latitude
- 32.4656
