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Property profile

0 County Road 223 Kempner, TX 76539

OFF-MARKET
Commercial real estate
368 ac lot
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Property summary

AI-generated overview

This exceptional 368-acre ranch, located in Lampasas County, Texas, presents a unique investment opportunity. Situated less than an hour north of Austin and minutes from Lampasas, Killeen, Temple, and the I-35 corridor connecting Austin and Waco, this property boasts convenient access to major Texas cities. The ranch features significant topographic diversity, ranging from lush, shaded bottomlands to elevated hilltops offering expansive views. Two ponds are present, although one requires resealing. The property includes two pastures and a well-fed watering distribution system, making it ideal for livestock. Open meadows grace the terraced terrain, providing ample space for grazing and recreational activities. The ranch's suitability extends to hunting enthusiasts, given its natural features and diverse landscape. Approximately 1450 feet of paved County Road 223 frontage provides excellent potential for subdivision, with multiple access points along the road. The asking price for this remarkable property is $5,255,704. The property's address is Co Rd 223, Kempner, TX 76539. This is a rare opportunity to own a substantial piece of Texas ranchland with significant potential for various uses. The property is zoned for agricultural use and is ready for immediate use. The well-maintained infrastructure and natural beauty combine to create a truly exceptional offering.

Property profile

Verified
Property type Commercial real estate
Lot 368 ac (16,030,080 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

County Road 223 Kempner, TX 76539
Kempner metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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