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Recreational Land for Sale in Groesbeck, Texas

Limestone County, Groesbeck, TX 76642

$469,900
40.7 acres
Active
ago
Est $3,846/mo

Look no further--this is the opportunity you've been waiting for.

With endless possibilities and unmatched flexibility, this property is ideal for investors, developers, ranchers, or anyone dreaming of building a private estate with room to grow.

The land is fully fenced and designed for agricultural use, featuring five strategically placed gates that allow for seamless cattle rotation and easy access throughout the property. It is currently AG-exempt, keeping property taxes incredibly low--truly pennies on the dollar--making long-term ownership both smart and sustainable.

A water meter is already in place, and while the prior study for additional meters has expired, the seller previously received approval--strongly indicating that re-approval is very likely if you choose to pursue subdivision or future development. Electricity is available, adding even more value and reducing upfront costs for your plans.

Whether your vision includes subdividing and investing, creating a multi-home family compound, running livestock, or building your dream home surrounded by nature, this property can accommodate it all. Mature, beautiful trees are scattered throughout the land, offering privacy, shade, and a peaceful setting that is increasingly hard to find.

To make this opportunity even more compelling, there is an additional 3-acre tract with a fully remodeled home available to purchase alongside the land. If both properties are bundled together, the seller is offering a $50,000 price reduction, creating an incredible value for buyers looking to maximize their investment.

All of this is conveniently located just outside Waco, providing a short drive to shopping, dining, medical facilities, and major roadways--giving you the perfect balance of country living with city convenience.

Properties with this level of versatility, infrastructure, tax advantages, and location are rare. Whether you're planning for today or investing in tomorrow, this land checks every box.

Location

Community
Hendrick
Elevation
460 feet
Coordinates
31.4909, -96.7121

Directions

From Waco, take HWY 164 East toward Mart. Approximately 7.5 miles from Mart, take a right at County Road 614. Less than half a mile down 614, there will be a silver gate at the property.

Property details

Acreage
40.67 acres
MLS #
NTREIS 21143626
Posted

Parcels

  • R133491

Legal description

Resources

Details and features

Listing

Type
Land

Exterior

Fencing
Fenced
Features
Fence

Nearby schools

NameLevelDistrictDescription
MartElementary

Listing history

DateEventPriceChangeSource
Jan 7, 2026New listing$469,900NTREIS
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This 40.67-acre property is located in Groesbeck, TX 76642. The property is available for sale for $469,900 with a price per acre of $11,554.

Checked 8 hours ago — Updated

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