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Property profile & analytics
OFF-MARKET
Commercial real estate

3108 Airport Rd La Grange, TX 78945

52.59 ac lot
Entity Owned 5-yr Hold
Property ID
US82-8321022
Property summary
AI-generated overview

This exceptional 52.585-acre tract in Fayette County, Texas, presents a unique investment opportunity. Located at 3108 Airport Rd, La Grange, TX 78945, this property boasts 484 feet of paved road frontage with readily available electricity. The land offers a diverse range of uses, including farm, hunting, recreational, residential, industrial, and timber operations. Approximately half of the acreage comprises a floodplain along Buckners Creek, creating a prime habitat for deer and other wildlife. Buckners Creek is known for its large white-tail deer population. A small pond on the property adds to its recreational appeal. The property's convenient location provides easy access to local amenities such as HEB, Walmart, shopping centers, and restaurants in La Grange. The asking price for this versatile property is $972,825. This is a rare opportunity to own a substantial tract of land with diverse potential in a desirable Texas location. The property's combination of natural features and proximity to town makes it ideal for a variety of uses. Don't miss this chance to own a piece of Texas countryside.

Property profile
Verified
Property type Commercial real estate
Lot 52.59 ac (2,290,603 SF)
UPID US82-8321022
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Clay Morgan Investments LLC · 5 yrs held
Clay Morgan Investments LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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