
$117,000
NAL Estimated Property Value801 Cherry Dr, Groesbeck, TX, 76642
About this property
Build your home in this great established neighborhood in Groesbeck, TX. Good school district. Lot backs up to a pasture so you will have some privacy. Considered a corner lot but the road on the side (Anson St) was never developed. The property faces Cherry Lane and is across the street from the Ball Park. Very nice residential only neighborhood. No mobile homes - at least 800 square feet of living space, at least 50% brick or masonry construction. These restrictions were put in place in 1988 for a period of 25 years so may not be enforceable (see documents for full listing). You will need to check with the City of Groesbeck on what is allowed. This lot is about 20 foot wider than most the other lots on this street with 80 feet of road frontage and the lot is 115 foot deep.
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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: Groesbeck
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