
$4,900,000
NAL Estimated Property Value450 GILBERT PIT Road, Millsap, TX, 76066
About this property
RARE AND UNIQUE LARGE TRACT OF LAND IN PARKER COUNTY WITH A MILE OF BRAZOS RIVER FRONTAGE. RANCH INCLUDES A MILE OF I-20 SERVICE ROAD FRONTAGE FOR ENDLESS OPPORTUNITIES. 10 YEAR VULCAN ROCK MINE LEASE IS PRESENT ON THE LOWER HALF OF THE RANCH, AND THOSE ROYALTIES WILL CONVEY WITH THE PURCHASE OF THE RANCH. A CELL TOWER ROYALTY WILL ALSO CONVEY WITH THE RANCH. RANCH CURRENTLY HAS 4 WATER METERS. NATURAL SPRING CREEK THAT FLOWS THROUGH RANCH. 3 EXISITING HOMES THAT WILL BE BOUGHT AS IS, NO SELLERS DISCLOSURE PROVIDED. SELLERS TO ENTERTAIN SUBDIVIDING
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Millsap
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