194 Lcr 614, Groesbeck, TX 76642
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
Listed by: antoinette ratliff
Office: texas premier realty
MLS#:21143626
Source:GDAR
Price summary
- Price:$399,900
About this home
Look no further—this is the opportunity you’ve been waiting for.
With endless possibilities and unmatched flexibility, this property is ideal for investors, developers, ranchers, or anyone dreaming of building a private estate with room to grow.
The land is fully fenced and designed for agricultural use, featuring five strategically placed gates that allow for seamless cattle rotation and easy access throughout the property. It is currently AG-exempt, keeping property taxes incredibly low—truly pennies on the dollar—making long-term ownership both smart and sustainable.
A water meter is already in place, and while the prior study for additional meters has expired, the seller previously received approval—strongly indicating that re-approval is very likely if you choose to pursue subdivision or future development. Electricity is available, adding even more value and reducing upfront costs for your plans.
Whether your vision includes subdividing and investing, creating a multi-home family compound, running livestock, or building your dream home surrounded by nature, this property can accommodate it all. Mature, beautiful trees are scattered throughout the land, offering privacy, shade, and a peaceful setting that is increasingly hard to find.
To make this opportunity even more compelling, there is an additional 3-acre tract with a fully remodeled home available to purchase alongside the land. If both properties are bundled together, the seller is offering a $50,000 price reduction, creating an incredible value for buyers looking to maximize their investment.
All of this is conveniently located just outside Waco, providing a short drive to shopping, dining, medical facilities, and major roadways—giving you the perfect balance of country living with city convenience.
Properties with this level of versatility, infrastructure, tax advantages, and location are rare. Whether you’re planning for today or investing in tomorrow, this land checks every box....
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Home facts
- Listing ID #:21143626
- Added:96 day(s) ago
- Updated:April 12, 2026 at 11:45 AM
Structure and exterior
- Lot area:40.67 Acres
- Lot Features:Acreage, Many Trees
Schools
- High school:Mart
- Middle school:Mart
- Elementary school:Mart
Finances and disclosures
- Price:$399,900
- Tax amount:$1,074
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated April 12, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Senter, REALTORS(R).New listings near 194 Lcr 614
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