Property profile

253 Fm 1331 Thorndale, TX 76577

FOR SALE
Ranches
Property ID
US82-8201342
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Property summary

AI-generated overview

Discover an exceptional opportunity with this expansive 45.37-acre parcel of land, perfectly poised for either residential development or commercial ventures. Located at the crossroads of progress, this property offers a prime location with 1,504 feet of frontage along FM 486 and an additional 1,227 feet of frontage along FM 1331. For residential development, this generous expanse of land provides ample room for crafting a vibrant community. Imagine tree-lined streets, spacious lots, and homes that embrace modern design while harmonizing with the natural beauty of the surroundings. With such substantial road frontage, access to the property is convenient, making it an ideal canvas for creating a welcoming residential enclave. Alternatively, for commercial purposes, this property's strategic positioning along two prominent roads offers incredible visibility and accessibility. It's an opportunity to establish a thriving business hub, a retail center, or an industrial complex that can serve both local and regional needs. The possibilities are limited only by your imagination and vision. As the sun sets over this picturesque Texas landscape, it paints a portrait of potential, waiting to be realized. Whether you envision the creation of a new residential community or a bustling commercial enterprise, this 45.37-acre property offers the canvas upon which to build your dreams. Don't miss out on this extraordinary chance to shape the future of this prime piece of real estate. Only 20 Minutes to the new Samsung Facility in Taylor! bikeScore: 20, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile

Verified
Property type Ranches
UPID US82-8201342

Cap rate & NOI

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

Location

253 Fm 1331 Thorndale, TX 76577
Thorndale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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