Address
10616 County Road 506, Venus, TX
Price
$ 7,656,380
Property Attributes
  • MLS#20466460
  • TypeContingent
  • CountyJOHNSON
  • CityVenus
  • Zip76084
  • StyleUnimproved Land
  • Taxes$ 396
  • Price$ 7,656,380
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size144.46 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

The Mansfield-Venus-Midlothian submarket has been transformed over the past two years by industrial, residential, and retail developers and the momentum shows no signs of slowing. This property is in the path of growth coming from the developments to the east along 67 and 287. Now is a good time to enter into this submarket while property values continue to rise, though land still remains significantly more affordable than property most all other areas of North Texas. Roughly 22 miles from the CBDs of Fort Worth and Dallas, and also the DFWIA, this 144 acres in Venus ETJ is a hidden gem within the Metroplex. The property has electricity and water, the City of Venus is in the engineering stages of installing a large sewer line along US 67 which will be .5 miles from this property. This 144 acres was one of two parcels totaling 263 AC, the 118 acre parcel sold. This 144 is available along with 62 acres to the east of it, totaling 206 acres.

Elementary School
Venus Elementary School
Price History
10/31/2023 Listed $5,775,400

General Features

Development Status Unzoned
Utilities All Weather Road,Co-op Electric,Co-op Water,Concrete
Possession Closing/Funding
Easements Natural Gas
current use Agricultural
Restrictions No Known Restriction(s)
School District Venus ISD
Documents Available Aerial Photo,Survey,Topo Maps
Unexempt Taxes 396
Will Subdivide No
Property SubType Unimproved Land
Subdivision Name NA
Zoning Description Unincorporated Johnson County,within Venus ETJ
County Johnson
Property Type Land
HOA Type None
Status Active Option Contract
Directions From US 67,head north on 615 for roughly 1 mile. CR 615 will curve east (right) then back left (north) just before CR 506. Turn right on CR 506 and the subject 144 acres will be along the left hand
City Venus
Buyer Agent Compensation 3.0
Elementary School Name Venus
High School Venus
Street Name County Road 506
Elementary School Venus
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20466460
Standard Status Active Under Contract
Buyer Agent Compensation Type %

Interior Features

Lock Box Type None

Exterior Features

Lot Features Acreage,Agricultural,Few Trees
Lot Size Over 100 Acres
Lot Size Area 144.4600
Lot Size Units Acres
Road Frontage Type County Road
Lot Size Square Feet 6292677.6000
Lot Size Acres 144.4600
Road Surface Type Concrete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 76084

Price
AVG $1.81M
$7.66M
Taxes
AVG $3,089
$396
Visits
AVG 156
145
Data Provided by Inside Real Estate®