4517 Williams Spring Rd Lake Worth, TX 76135
This exceptional 1.23-acre property, located at 4517 Williams Spring Rd, Lake Worth, TX 76135 (APN 03777332), presents a unique opportunity for development. Zoned for both agricultural and commercial use, this versatile land offers significant potential. The almost 1.5-acre double lot boasts a mature tree line, providing natural privacy and a relatively flat building surface ideal for construction. Its terrific location offers easy access to the new Highway 199, the shopping amenities of Lake Worth, and Eagle Mountain-Saginaw schools. The property's potential extends beyond a single build; it could potentially be subdivided into multiple residential lots, making it attractive to builders seeking multiple home construction opportunities. The area is experiencing new construction, indicating a strong and growing market. Furthermore, the property enjoys convenient access to Lake Worth & Casino Beach Park and its boat launch. This is one of the few remaining buildable sites in the area, representing a rare opportunity for investors and developers alike. The asking price is $230,000.
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
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.