21 Acres FM 937 Groesbeck, TX 76642

$249,000

About this home

Property Overview

This beautiful 21.74 Acres is located on the South end of Groesbeck TX, just outside of and adjacent to the city limits and the attractive McLelland Addition. This property has great potential for a residential home-site or multiple home-sites, residential development, or a number of commercial uses, with road frontage on two sides, approximately 700 feet of road frontage on FM 937, approximately 1400 feet of road frontage on LCR 783, with flat to very gently rolling topography, a small seasonal creek along one side, a few large mature Oak trees, open pasture currently used for cattle and hay production. Currently under an active agriculture exemption for low property taxes, the property has barbed wire fencing on three sides, a nice covered storage area, and sturdy cattle pens. There is city water and electricity and natural gas close by, but the availability and cost of obtaining those services needs to be verified. Well water is typically considered good and reliable in the area. And some basic deed restrictions may apply to protect the adjacent property owners.