194 LCR 614, GROESBECK, TX 76642
Homes for sale in Groesbeck.
Homes for sale in 76642.
194 LCR 614
Groesbeck, TX 76642
List Price$399,900
Listing #21143626
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
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