3024 Fm 731 Burleson, TX 76028
This exceptional 5.02-acre property presents a unique investment opportunity in Burleson, Texas. Located just two miles outside the city limits, this corner lot boasts significant commercial potential despite its current residential zoning. The City of Burleson has confirmed that commercial use is permissible with the necessary permits, making this land highly versatile. The property's strategic location offers easy access to major thoroughfares, including SH174 (Wilshire Blvd) just 3.5 miles away and I-35 a short six-mile drive. Its proximity to Nichols Middle School adds to its visibility and appeal. The existing residential house on the site could be repurposed for commercial use, such as offices or other structures, offering immediate utility. Recent improvements include a serviced septic system with replaced plumbing parts. Water service is provided by Bethesda, and electricity is supplied by Johnson County Co-Op. Situated within the City of Burleson's Extraterritorial Jurisdiction (ETJ), the property benefits from the city's platting rights. The property fronts on John Jones (FM731) and also borders CR803, providing excellent road frontage and accessibility. The land is heavily wooded, offering a tranquil setting with ample trees. The asking price for this remarkable property is $1,844,000. Don't miss this chance to acquire a substantial parcel with significant upside potential.
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.