TBD-2 FM 1996, Oglesby, TX, 76561

Off Market

0 Bath

Unimproved Land

About this property

Looking for a picturesque piece of land to build your dream home? Look no further than this 18.5-acre tract in the heart of Central TX, located in the charming town of Oglesby. With approx 50% of the property covered in trees and 50% open, this land offers the perfect combination of privacy and space to spread out. The property is ideal for a custom home or barndo, allowing you to design and build the perfect living space for you and your family. This property also offers the opportunity for hunting and holds an ag exemption keeping property taxes to a minimum, allowing you to enjoy the land without breaking the bank. The property also boasts great road frontage off FM 1996. A water meter is reserved from 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 Austin & Dallas TX

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0% equity

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,499 /month

Positive

Cash Flow Estimate:

$500 /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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