2531 Fm 1940, Franklin, TX 77856
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.
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
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No recorded transactions found for this property.
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