20280 Us-82 Honey Grove, TX 75446
This exceptional 45.78-acre property boasts a prime location directly adjacent to Highway 82, offering 1400 feet of road frontage. The land is completely cleared and presents significant development potential, free from deed restrictions. The property includes a substantial 2,255 square foot house, perfect for immediate occupancy while planning future projects. Additional improvements include a large 40ft x 40ft storage shed and a pond stocked with catfish. The current zoning is undetermined, allowing for a wide range of uses. The property is currently operating as a farm with residential improvements, offering flexibility for immediate use and future development. Note that a tenant occupies the property under a lease expiring in May 2025, and a dog is present on the premises. Seller financing is available. Please schedule a showing before accessing the property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.