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$550,000

55.76 Acres Fm-3371, Groesbeck, TX, 76642

Off MarketInfo
Baths0 Bath

About this property

Don’t miss this beautiful 55.76-acre property in Limestone County located between Groesbeck and Personville on FM 3371, less than 15 minutes from Groesbeck and just off Texas State Highway 164, which connects Interstate 45 and Interstate 35. This versatile tract features open meadows with scattered mature trees and a small area of woods, two ponds (one spring-fed and previously stocked with largemouth bass) with perimeter fencing and cross fencing. Would make an ideal homesite, weekend retreat, or small cattle operation. The property offers FM frontage plus frontage on two county roads and has no gas well sites. Electricity is on the property, along with an older water well from a previous homesite. Located approximately one mile from Lake Limestone, with nearby county parks and a public boat ramp, this property combines peaceful country living with convenient access. Opportunities like this are hard to find!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /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: Groesbeck

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55.76 Acres Fm-3371 | Property Details | No Agent List