0 29.606 Ac Fordall, Henderson, TX 75652
Exceptional 29.606-acre development opportunity in Henderson, Texas, strategically located at the corner of N Main and Fordall. This versatile property boasts a blend of open pasture and wooded areas, offering immense flexibility for various projects. Its multi-zoning designation encompasses Multi-Family, Residential, and Urban Commercial uses, maximizing development potential. The property enjoys a prime location near Lake Forest Park, Henderson Civic Center, and Henderson High School, providing convenient access to recreational amenities and community resources. The nearby historic downtown area, featuring the Rusk County Courthouse, Library, and Civic Theatre, offers future residents and businesses a unique blend of small-town charm and modern convenience. This property presents a rare chance to contribute to Henderson's continued growth and development. The asking price is $925,000. The property is situated in Rusk County, Texas, zip code 75652.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.