4903 N Fm 486, Thorndale TX 76577

Thorndale, TX 76577 | NA

Ed's Opinion of Value

$384,814 Ed's Estimate: $400,494 $422,129
Lowest Comp Recommended List: $408,000 to $422,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $400,494. To generate strong buyer interest while maximizing value, I'd price this between $408,000 and $422,000. In the current 76577 market with 0 similar homes available, this price represents no active comparable homes on the market. The 1998 construction puts this home 20 years older than the comp average, a factor in the pricing. At 46.18 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. 7 comparable transactions in 76577 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
2,333 Sq Ft
46.18 Acres
1998 Built

About This Property

Discover an exceptional opportunity with this expansive 46.18-acre parcel of land, perfectly poised for either residential development or commercial ventures. Located at the crossroads of progress, this property offers a prime location with 1,504 feet of frontage along FM 486 and an additional 1,227 feet of frontage along FM 1331. For residential development, this generous expanse of land provides ample room for crafting a vibrant community. Imagine tree-lined streets, spacious lots, and homes that embrace modern design while harmonizing with the natural beauty of the surroundings. With such substantial road frontage, access to the property is convenient, making it an ideal canvas for creating a welcoming residential enclave. Alternatively, for commercial purposes, this property's strategic positioning along two prominent roads offers incredible visibility and accessibility. It's an opportunity to establish a thriving business hub, a retail center, or an industrial complex that can serve both local and regional needs. There is a 3 bedroom/2 bath home on the property that would be perfect for those with a vision and desire to make this home truly their own. Whether you are an experienced renovator looking for a project or someone who appreciates the character of a well loved home, this is a canvas awaiting your personal touch. New Roof in 2024!
The possibilities are limited only by your imagination and vision. As the sun sets over this picturesque Texas landscape, it paints a portrait of potential, waiting to be realized. Whether you envision the creation of a new residential community or a bustling commercial enterprise, this 46.18-acre property offers the canvas upon which to build your dreams. Don't miss out on this extraordinary chance to shape the future of this prime piece of real estate.

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Laminate Counters
  • Kitchen Island
  • Multiple Living Areas
  • No Interior Steps
  • Storage

Location

Schools

School District Thorndale ISD
Elementary Thorndale
Middle School Thorndale
High School Thorndale

Property Details

Property Type Farm
Flooring Carpet
Cooling Central Air
Heating Central, Fireplace(s)
Exterior None
County Milam
MLS # 2811801

Tax Information

Annual Taxes (MLS) $4,020 (2022)

Listing History

MLS# 2811801 179 days
Mar 19, 2024 Off Market
Sep 22, 2023 Listed $1,400,000

Frequently Asked Questions About 4903 N Fm 486, Thorndale TX 76577

When was 4903 N Fm 486, Thorndale TX 76577 built?

4903 N Fm 486, Thorndale TX 76577 was built in 1998.

How much does 4903 N Fm 486, Thorndale TX 76577 cost?

4903 N Fm 486, Thorndale TX 76577 is currently off market.

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