6035 Us Highway 380

Caddo Mills, Texas 75135

  • 0 Sqft
  • 36.2115
    Acres(Lot)
$2,896,920

Description

Rare find investment with over 2600' of prime road frontage including over 900' on bustling highway 380! this premium 36+ acre hard corner is where the future 380 bypass around farmersville will rejoin the highway at the hunt county line road. this will be a major intersection, and an excellent location for a fuel center, convenience store, restaurant, retail or light industrial. this land is on the hunt county side of the road, and comes with two existing sources of income: a 3bed, 2bath brick home with shop and barn, perfect for rental property plus a communications tower with approx 5 years remaining on existing lease. tower generates approx 13k-15k in annual revenue, and lessee has expressed an interest in extending the lease. the land currently has an ag exemption for hay production and also features a large pond. this is an excellent location on one of the busiest thoroughfares in north texas. everyone is buzzing about the highway 380 expansion, and development tracts between farmersville and greenville are getting scarce.. existing 12 inch water line along hwy frontage makes development easy. not often investors find a parcel with such strong current income with a very high roi in the very near future.

  • Property Type

    Land

  • Subdivision

    Johnson Hezekiah

  • County

    Hunt

  • Style

    Land

  • AD ID

    49323800

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Property Details

  • Utilities

    • All Weather Road,Co-op Water,Electricity Connected,Individual Water Meter,Propane,Septic

  • Building Information

    • Built Year: 1980

  • Lot Information

    • Lot Size (Acr): 36.2115
    • Lot Size Units: Acres
    • Lot Size Square Feet: 1577372.9400
    • Lot Size Source: Appraiser
    • Lot Features: Acreage,Agricultural,Corner Lot,Few Trees,Level,Pasture,Tank/ Pond

    Property Information

    • Property Type: Land
    • Property Sub Type: Improved Land
    • Subdivision: Johnson Hezekiah
    • City: Caddo Mills
    • State: Texas
    • Directions: GPS Address.
    • Property Status: Active Option Contract

  • Listing Price Information

    • Original List Price: $2,896,920

    Listing Information

    • Possession: Closing/Funding

  • Tax Information

    • Parcel Number: 28342
    • Tax Legal Description: A0562 JOHNSON HEZEKIAH, TRACT 7, ACRES 37.169
    • Tax Lot: 7
    • Unexempt Taxes: $2,790

  • Homeowners Association Information

    • HOA Type: None

  • School Information

    • Elementary School: Bland
    • Middle School: Bland
    • High School: Bland
    • School District: Bland ISD

    Utility Information

    • Utilities: All Weather Road,Co-op Water,Electricity Connected,Individual Water Meter,Propane,Septic
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BuyOwner last updated this listing 04/20/2025 @ 09:24

  • MLS: 453540726
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Land, with 0 bedrooms which is recently sold, it has 0 sqft, 36 sized lot, and 0 parking. are nearby neighborhoods.