$1,250,000
SOLD MAR 3, 2025
Last list price

TBD Texas 164 Groesbeck, TX 76642

219 Acres
$5,712 Price per Acre
9,533,106 Sq Ft Lot

Recently Sold

39 Days on Market

Highlights

  • 218.85 Acre Lot
  • Wooded Lot
  • Agricultural Exemption
  • Groesbeck High School Rated A-
  • Pasture
  • Lot Has A Rolling Slope

About This Lot

As of March 2025

The Cannon Ranch is a beautiful multi-use property conveniently located in Limestone County along State Hwy 164 between Groesbeck and Mart and only 45 minutes from Waco. This property offers 218.65 acres of Central Texas land with a healthy mix of heavy woods comprised of oaks, native pecan, elm, cedar and mesquite filled with deer, hogs and other varmints and predators. The property also contains two large pastures with coastal Bermuda grasses, perfect for sustaining a sizeable herd of cattle. There are six stock tanks scattered across the property that draw dove and waterfowl and a wet-weather creek with pockets of water that traverses the property from west to east. There is an active Tri-County SUD water meter and Navasota Valley Electricity is already on the property. There is 600 feet of road frontage along Hwy 164 and the entire 3,950 foot western boundary runs along LCR 345. There is an old homestead on the property that is abandoned and has no value.

Last Agent to Sell the Property

Tom Hooker

Kelly Land and Ranch Brokerage Phone: 254-741-1500 License #0698374 Listed on: 12/06/2024

Last Buyer's Agent

Jacob Gorrell

Gingrich Group, LLC License #0720238

Property Details

Property Type

  • Land

Lot Details

  • 218.85 Acre Lot
  • Property fronts a highway
  • Barbed Wire
  • Perimeter Fence
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Many Trees

Home Design

  • Ranch Property

Schools

  • Mart Elementary And Middle School
  • Mart High School

Farming

  • Agricultural Exemption
  • Pasture

Utilities

  • Co-Op Electric
  • Co-Op Water

Community Details

  • J H Murray Subdivision

Listing and Financial Details

  • Legal Lot and Block Unk / Unk
  • Assessor Parcel Number R14002
  • $374 per year unexempt tax

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Attribution Contact: 254-741-1500
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Barbed Wire, Perimeter
  • Soil Type: Sandy Loam
  • RoadFrontageType: County Road, Highway
  • RoadSurfaceType: Asphalt, Gravel

Utilities

  • Utilities: Co-op Electric, Co-op Water

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Mart ISD
  • Elementary School: Mart
  • Middle School: Mart
  • High School: Mart
  • School District: Mart ISD
  • Elementary School: Mart

Lot Info

  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Many Trees, Pasture, Rolling Slope
  • Lot Size Units: Acres
  • Lot Size Area: 218.8500
  • Parcel Number: R14002
  • Lot Size Acres: 218.8500
  • Lot Size Sq Ft: 9533106.0000
  • Possible Use: Agricultural, Grazing, Hunting/Fishing, Ranch
  • Present Use: Cattle

Tax Info

  • Unexempt Taxes: 374
  • Special Taxing Entities: No
  • TaxBlock: Unk
  • Tax Lot: Unk

MLS Schools

  • Middle School Name: Mart
  • Elementary School Name: Mart
  • High School Name: Mart

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $299,500 -76.0% --
03/03/2025 03/03/25 Sold -- -- --
01/15/2025 01/15/25 Pending -- -- --
12/06/2024 12/06/24 For Sale $1,250,000 +431.9% --
02/19/2020 02/19/20 Sold -- -- --
12/10/2019 12/10/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $234,999 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20790339

North Texas Real Estate Information Systems (NTREIS)