Estimated payment $44,801/month
About This Lot
Take a look at this exceptional 424 acre property located just a 1⁄2 mile off FM 407 and 2 miles from Highway 81, a prime location offering quick access to Rhome, Denton, and Fort Worth. This rare large-scale property sits right in the path of growth, surrounded by active and planned developments, making it a standout opportunity for investors and developers alike. The land features open, usable terrain with gentle elevation changes and excellent road frontage, ideal for residential or mixed-use development. With utilities expanding nearby, it offers both immediate and long-term potential. Rhome and Wise County are experiencing rapid expansion, with population growth exceeding 20% since 2020 and major investments from H-E-B, Ace Hardware, and master-planned communities like Reunion and Bluestem. A recent $17.5 million infrastructure bond and strong local economic growth make this area a prime destination for those seeking scale and opportunity. Just 6 miles from downtown Rhome, 31 miles from Fort Worth, and 58 miles from Dallas, this tract perfectly blends rural charm with urban convenience, a truly rare find in one of North Texas’s fastest-growing development corridors. No Minerals to Convey All showings are by appointment only.
Property Details
Property Type
- Land
Est. Annual Taxes
- $180
Lot Details
- 424 Acre Lot
- Zoning described as AG
Schools
- Prairievie Elementary School
- Northwest High School
Farming
- Agricultural
Listing and Financial Details
- Assessor Parcel Number 732002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $37 | $12,587 | $9,749 | $2,838 |
| 2024 | $37 | $11,790 | $8,952 | $2,838 |
| 2023 | $135 | $9,698 | $0 | $0 |
| 2022 | $164 | $9,768 | $0 | $0 |
| 2021 | $196 | $1,285,750 | $1,284,190 | $1,560 |
| 2020 | $192 | $1,285,750 | $1,284,190 | $1,560 |
| 2019 | $200 | $1,285,750 | $1,284,190 | $1,560 |
| 2018 | $198 | $1,108,350 | $1,106,790 | $1,560 |
| 2017 | $198 | $853,690 | $852,130 | $1,560 |
| 2016 | $197 | $787,300 | $785,740 | $1,560 |
| 2015 | -- | $654,530 | $652,970 | $1,560 |
| 2014 | -- | $10,510 | $8,950 | $1,560 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | For Sale | $8,480,800 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | -- | |
| Gift Deed | -- | None Available | |
| Deed | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21115567
APN: A0031003001
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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