194 LCR 614, GROESBECK, TX 76642

Homes for sale in Groesbeck.

Homes for sale in 76642.


194 LCR 614

Groesbeck, TX 76642

Active

List Price$399,900

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21143626

40.67

Acres

Lots / Land

Type

About This Property

Look no further--this is the opportunity you've been waiting for. With endless possibilities and unmatched flexibility, this property is ideal for investors, developers, ranchers, or anyone dreaming of building a private estate with room to grow. The land is fully fenced and designed for agricultural use, featuring five strategically placed gates that allow for seamless cattle rotation and easy access throughout the property. It is currently AG-exempt, keeping property taxes incredibly low--truly pennies on the dollar--making long-term ownership both smart and sustainable. A water meter is already in place, and while the prior study for additional meters has expired, the seller previously received approval--strongly indicating that re-approval is very likely if you choose to pursue subdivision or future development. Electricity is available, adding even more value and reducing upfront costs for your plans. Whether your vision includes subdividing and investing, creating a multi-home family compound, running livestock, or building your dream home surrounded by nature, this property can accommodate it all. Mature, beautiful trees are scattered throughout the land, offering privacy, shade, and a peaceful setting that is increasingly hard to find. To make this opportunity even more compelling, there is an additional 3-acre tract with a fully remodeled home available to purchase alongside the land. If both properties are bundled together, the seller is offering a $50,000 price reduction, creating an incredible value for buyers looking to maximize their investment. All of this is conveniently located just outside Waco, providing a short drive to shopping, dining, medical facilities, and major roadways--giving you the perfect balance of country living with city convenience. Properties with this level of versatility, infrastructure, tax advantages, and location are rare. Whether you're planning for today or investing in tomorrow, this land checks every box.

Property Features

Location Information

County

Limestone

Subdivision

Hendrick

Interior Features

Has Fireplace

No

Exterior Features

Water / Sewer

Electricity Available, Sewer Not Available, Water Available

Current Use

Hunting, Recreational

Utilities

Electricity Available, Sewer Not Available, Water Available

Zoning

NA

Fencing

Full

Development Status

Other

Lot Description

Acreage, Many Trees

Road Description

County Road, Highway

Lot Size in Acres

40.67

Is One Story

No

Lot Size in Sq. Ft.

1,771,585

Lot Description

Acreage, Many Trees

School

Elementary School District

Mart ISD

Jr. High School

Mart

Elementary School

Mart

High School

Mart

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Improved Land

Tax Annual Amount

1074.0

Status

Active

Similar Listings

Mortgage Calculator

$1,867

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,441

Monthly Tax

$333

Monthly Insurance

$93

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder