1950 CR 221

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1950 CR 221

Florence, TX 76527
Asking Price
$1.25M
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The site consists of 18.72 acres of farm land.
  • Located at 1950 CR 221 in Florence, Texas.
  • The property is currently available for purchase at $1,250,000.
  • Property features coordinates of 30.8327 latitude and -97.8971 longitude.
  • Suitable for agricultural cultivation, livestock, or land banking.

What's Special

This farm land spans 18.72 acres in Florence, Texas. The parcel is positioned near County Road 221, providing accessibility within a growing rural corridor of the region. As the local area continues to see demand for agricultural production and expansive residential development, this tract presents a functional option for land banking or diversified farming operations. The location benefits from the steady economic growth characteristic of Williamson County, where proximity to major infrastructure routes supports long-term land utilization strategies. Investors and operators looking for acreage in a central Texas submarket will find this plot suitable for a variety of rural use cases, ranging from crop cultivation to livestock management. Its size offers enough scale to support manageable farming activities while maintaining a manageable footprint for private land holding or development-focused portfolios.

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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