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$721,377

TBD-3 FM 1996, Oglesby, TX, 76528

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Nestled in the picturesque town of Oglesby, TX, this stunning piece of Central Texas land offers a rare opportunity for investors to acquire approx. 143.88 acres of prime real estate. Boasting mature tree cover near the road, this land is ideal for those seeking to build their custom dream home or barndo, as well as for those interested in agricultural pursuits. Alternatively, this parcel can be developed into a beautiful residential community. The property taxes are kept at a minimum thanks to an existing ag exemption. Additionally, electric and water are readily available nearby. A water meter is reserved through Oglesby Water. With easy access to paved road frontage off of FM 1996, you're only a short drive from nearby towns and cities. This land is conveniently located just 10 minutes from McGregor, TX and within 30 minutes to Waco or Temple, TX. And if you work or play in Austin or Dallas, TX, this land is within a two hour drive.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,328 /month
Positive
Cash Flow Estimate:
$1,443 /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: Oglesby

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TBD-3 FM 1996 | Property Details | No Agent List