Keller Williams Greater Columbus Realty - Zina Molnar
1/18
Listing Courtesy Of: Longhorn Realty, LLC, 512-289-2121, Don Honeycutt
Local Realty Services Provided By: Keller Williams Realty Lone Star
Overview
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$3,297,030
1438 County Road 438, Thorndale, TX 76577
199.82 ac
$3,297,030

1438 County Road 438, Thorndale, TX 76577

Estimation provided by Keller Williams Realty Inc.
199.82 ac
Active
For Sale

Property Description

This 199.82-acre AG EXEMPT, UNRESTRICTED cropland in Thorndale, Milam County, offers a prime opportunity to capitalize on the rapid technology-driven growth between Taylor and Rockdale. Ideally located just 6 miles from US 79 near Thrall and 16 miles from the US 79 & Hwy 95 intersection in Taylor, the property provides excellent accessibility. With dual gravel road frontage on CR 438 and CR 462, it offers multiple entry points and potential for future development. The seller may consider subdividing into 50+ acre tracts, making it a versatile investment for farming, ranching, or future expansion.

An 8” waterline from SMWSC runs along CR 438. The land features primarily Branyon clay soil and is level to gently sloping. The west boundary includes a wet weather creek, a stock pond, and all the tree cover on the property. Public water, phone lines, and electrical service are available along CR 438, with additional phone lines along CR 462.

Currently, the property is leased for farming, consisting of 144 acres of cropland and 18 acres of coastal hay. A 1,600 SF home on the property, managed by a property management company, is rented for $1,100 per month. Both the farm and residential leases will convey to the buyer. The home is supplied by a water well, and there is a second, possibly hand-dug well near CR 438.

Located in Thorndale ISD. Buyer to verify all details, including usage, zoning, restrictions, and utilities.

Property Details

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Overview
Property Type
Acreage
Days on Site
252 Days
Parking
No
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Activity History

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Purchase Price: $3,297,030
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Price & Tax History

Date
Event
Price
10/28/2024
Price Decrease
$3,297,030
(-5.71%)
$16,500/ac
07/14/2024
Listed
$3,496,850
$17,500/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2022
$1,989
(-1.28%)
$163,570
No Breakdown Available
2021
$2,015
(-14.94%)
$118,500
No Breakdown Available
2020
$2,368
(-8.61%)
$131,700
No Breakdown Available
2019
$2,592
(+10.99%)
$136,400
No Breakdown Available
2018
$2,335
$124,860
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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