740 Martin Rd Hurst, TX 76054-2704
This exceptional 1.8-acre residential land parcel presents a remarkable investment opportunity in the thriving city of Hurst, Texas. Located at 740 Martin Rd, 76054, this property boasts a highly desirable Mid-Cities location, providing convenient access to major transportation arteries including Precinct Line Road, Highway 183, Highway 121, Highway 377, and Loop 820. Its strategic positioning ensures effortless commutes and easy access to a wealth of amenities. A completed feasibility study supports the development of 14 platted lots, maximizing the property's potential for residential construction. The zoning designation is R1 PD / Dwelling District, confirming its suitability for residential development. The property's latitude and longitude coordinates are 32.8651212 and -97.1852093 respectively, allowing for precise location verification. This is a rare opportunity to acquire a sizable tract of land in a high-demand area, ready for immediate development. The asking price for this exceptional property is $950,000. Don't miss this chance to capitalize on the growth and potential of the Hurst real estate market. Contact us today to learn more about this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.