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$115,000

NAL Estimated Property Value

Tract 7 Fm-2489, Groesbeck, TX, 76642

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

10 AG exempt acres available in Limestone county! Seller open to owner financing, 10% down, 7% interest, 5 year term! Property is mostly cleared, recently used for cattle. Would make a fantastic home-site or continued use for cattle. Property sits near the corner of FM 339 & FM 2489 with roughly 300ft of road frontage. Power is available to connect to at the road frontage and water is in the works of being extended to service the property as well! Navasota Electric is the power supplier & Tri County Sud is the water supplier. New survey on file. Only restrictions in place are no junk yards and no commercial shooting. Located 15 minutes away from Groesbeck, 30 minutes from Waco, 1 hour & 40 minutes from Dallas & 2 hours from Austin.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /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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Tract 7 Fm-2489 | Property Details | No Agent List