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    OFF-MARKET
    Commercial real estate

    2531 Fm 1940, Franklin, TX 77856

    25.52 ac lot
    Property ID
    US82-9096310
    Property summary
    AI-generated overview

    This exceptional 25.52-acre property in Robertson County, Texas, presents a remarkable opportunity for recreational use and investment. The land boasts productive pastures with improved grasses, ideal for cattle, yielding multiple round bale harvests annually. A tranquil pond, nestled amongst trees, provides shade and a thriving habitat for wildlife. The gently rolling terrain offers ample space and potential for future development, with several suitable homesites. The property features significant frontage on FM 1940, with a well-maintained entrance and excellent fencing. Essential utilities, including electricity and a water meter, are in place. A modest home, currently leased, is included as-is, offering a chance for renovation or removal. A recent 2022 survey is available. The property benefits from an agricultural exemption. Conveniently located near Franklin (6.5 miles), College Station (37 miles), and Houston (130 miles). The asking price is $399,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 25.52 ac (1,111,651 SF)
    UPID US82-9096310
    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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