Development Land Opportunity For Sale in Central Texas


Property Details

  • County: Coryell
  • Address: Tract 2 FM 1996
  • Zip: 76561
  • Type: Hunting Land, Recreational Property, Undeveloped Land
  • City: Oglesby
  • Price: $1,147,500
  • Acres: 153
  • State/Zip: Texas 76561
  • Status: Available

TALB Member:

Kim Hill | Broker

Hill Kim
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Property Description

Land for Sale in Central Texas. This is a development opportunity for sale in a great location between Waco and Gatesville. It's only 10 minutes to McGregor, home of SpaceX. It is only a 20 minute commute East to Waco or 20 minutes West to Gatesville. This approx. 153 acre tract about 25% wooded and 75% open. There is water available and electric available nearby. There is paved road frontage off of FM 1996 and a nice entrance into the property. This property is currently ag exempt with crops in cultivation. It is leased to local farmers and most recently had cotton planted and harvested. This is a must see property that would make a great investment. There is a pipeline easement running from NW to SE across the property.
This property is located in Oglesby, Texas. It just 20 minutes from the up and coming Gatesville downtown area, the newly remodeled Coryell Memorial Hospital, and two medical clinics. This property is 20 minutes from Waco, the home of the Baylor Bears and the downtown Magnolia Market and only 30 minutes from Temple, which features a Hub of Medical Care. Killeen is only 1 hour away which is home of the Fort Hood Military Base. Additionally, this property is just 10 miles from McGregor, home of SpaceX. This property is 1.5 hours from Taylor TX where Samsung Electronics is building a new advanced chip plant and is 1.5 hours from Austin, TX and near the Texas Gigafactory for Tesla.

Useful Documents

Property Map / Directions

From Waco: Head West on Hwy 84. Turn left onto FM 1996 towards Oglesby. Follow 1996 approx. 2 miles. The property will be on your right. From Gatesville: Head East on Hwy 84. Turn right onto FM 1996 towards Oglesby. Follow 1996 approx. 2 miles. The property will be on your right. Watch for signs. There are two tracts for sale next to each other. Tract 2 GPS to entrance: 31.3916, -97.5162

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