TBD-1 FM 1996, Oglesby, TX, 76561

Off Market

0 Bath

Unimproved Land

About this property

Welcome to a picturesque piece of Central TX land located in the charming town of Oglesby. This 27-acre tract is a perfect place to build a custom home or barndo. Approx 75% of the property is covered in trees offering privacy & natural beauty while the remaining 25% is open and ready for your own personal touches. The year-round pond provides a scenic and serene backdrop for outdoor activities & serves as a water source for livestock. In addition to its beauty this property also provides ample opportunity for hunting. With an ag exemption the property taxes are kept to a minimum. A water meter is reserved through Oglesby Water. Located just under 10 minutes from McGregor TX & only 30 minutes from Waco or Temple TX, this property offers a prime location for those seeking easy access to nearby amenities. It's also under an hour's drive to Killeen TX, & under two hours from both Austin and Dallas TX, making it an ideal location for those who work or play in these vibrant & dynamic cities

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,430 /month

Positive

Cash Flow Estimate:

$810 /month

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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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