• TBD Fm 2268 Salado, Texas 76571

  • $5,000,000
  • 0
    Sq Ft
  • 168.794
    Acres

Located one mile east of I-35, this expansive 168+ acre property is a prime prospect for development. Near downtown Salado this property has an agricultural tax exemption and no known restrictions. You have an impressive 80 feet of elevation change, from the stocked 10+ acre lake to the elevated southeastern corner with diverse recreational spaces including mature woods and hay pastures,. Electricity and a water meter are already in place, running to the abandoned manufactured home on the property. This is a plus for future development. 1200 feet of frontage on FM 2268, which is a plus for accessibility at multiple points. Salado, a unique Texas city celebrated for its art, history, and culture, is a sought-after tourist destination. Located just an hour from the Austin Airport, this property is well positioned for those seeking a harmonious blend of rural serenity and urban accessibility. Seize this opportunity to be a part of the growth and development in this extraordinary region.

Property Type :

Land

Subdivision :

Grove Frisco Ph 5, The

County :

Bell

Style :

Land

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Property Details

 

Utilities

Co-op Water,Electricity Available

Fencing

Barbed Wire

Lot Information

Lot Size (Acr): 168.7940

Lot Size Units: Acres

Lot Size Square Feet: 7352666.6400

Lot Features: Acreage,Level,Pasture,Water/Lake View,Waterfront

Property Information

Property Type: Land

Property Sub Type: Unimproved Land

Subdivision: none

City: Salado

State: Texas

Directions: From Dallas or Fort Worth, go South in I-35 to Salado. Exit and turn left on FM 2269. The property will be on the right after one mile.

Property Status: Active

Exclusions: MINERALS

Listing Price Information

Original List Price: $5,000,000

Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: 47842

Tax Legal Description: A0508BC G F LANKFORD, 1, A0540BC F MADRIGAL,

Unexempt Taxes: $914

Homeowners Association Information

HOA Type: None

School Information

Elementary School: Arnold

High School: Salado

Intermediate School: Salado

School District: Salado ISD

Utility Information

Utilities: Co-op Water,Electricity Available

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
000 Royal St, Salado, TX,76571 $5,700,000 -- -- -- 102 Acres
930 Inka Road, Salado, TX,76571 $684,900 4 3 2,581 1.039 Acres
14942 Cedar Valley Road, Salado, TX,76571 $1,140,000 2 1 1,253 96 Acres
936 Inka Road, Salado, TX,76571 $664,900 4 3 2,514 1.05 Acres
15919 Crows Ranch Road #B, Salado, TX,76571 $700,000 -- -- -- 20 Acres
936 Inka Road, Salado, TX,76571 $664,900 4 3 2,514 --
1407 Four Sixes Ranch R.., Salado, TX,76571 $637,500 4 3 2,500 --
930 Inka Road, Salado, TX,76571 $684,900 4 3 2,602 --
14942 Cedar Valley Road, Salado, TX,76571 $1,140,000 -- 1 -- --
406 Eagle Heights, Salado, TX,76571 $589,000 3 3 2,355 --
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved

ByOwner last updated this listing 05/06/2024 @ 18:45

MLS: 438643648
LISTED BY: Chad Smith, eXp Realty, LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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