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$1,750,000

0 PR 4728, Rhome, TX, 76078

Under ContractInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Exceptional development opportunity spanning over 76 acres in the heart of rapidly growing Wise County. Located just north of Rhome (and a part of New Fairview ETJ), this largely open tract features minimal tree coverage, offering a highly versatile canvas for future development, investment, or continued agricultural use. The property includes three producing natural gas wells and one water well, adding existing infrastructure value. Situated with private road access and gated entry, the land offers both accessibility and privacy. Opportunity for an agricultural lease provides potential income and favorable tax treatment. Strategically positioned approximately 7 miles north of the Rolling V Ranch housing development and just a few miles from U.S. Highway 287, this location benefits from proximity to major growth corridors while retaining a rural setting. The seller is open to subdividing the property into smaller parcels via metes and bounds descriptions, with a cooperative buyer, allowing flexibility for a range of purchase strategies and end uses.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,500 /month
Positive
Cash Flow Estimate:
$3,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rhome

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0 PR 4728 | Property Details | No Agent List