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Property profile & analytics
OFF-MARKET
Land

10400 Brewer Ln Salado, TX 76571

5.78 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.78-acre unrestricted property in Salado, Texas, presents a remarkable investment opportunity. Located on Brewer Lane, off FM 2484, this expansive lot offers unparalleled versatility for various development projects. Its prime location near the new Salado High School and Stillhouse Hollow Lake makes it highly desirable. The property boasts paved road frontage and is conveniently situated outside the floodplain, eliminating potential development hurdles. City water and electricity are readily available at the street, simplifying infrastructure needs. While a septic system will be required, the absence of an HOA adds to the appeal. The land's open field character, with minimal trees, provides a blank canvas for creative development. This property is ideal for a multifamily development, residential subdivision, or even a single luxury home. To further enhance its appeal, engineered plans for a 16-unit duplex project are available. This unrestricted land represents a solid investment in a rapidly growing area just off I-35, offering significant potential for future appreciation. The APN is 72397. The asking price is $500,000.

Property profile
Verified
Property type Land
Lot 5.78 ac (251,777 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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