#20693346, Rhonda Salicos, Listing Office: Easy Life Realty
Property details
About 6035 US Highway 380
Rare find Investment with over 2600' of PRIME road frontage including over 900' on bustling Highway 380! This Premium 36+ acre Hard Corner is where the future 380 bypass around Farmersville will rejoin the Highway at the Hunt County line Road. This will be a major intersection, and an excellent location for a fuel center, convenience store, restaurant, retail or light industrial. This land is on the Hunt County side of the road, and comes with two existing sources of income: A 3bed, 2bath brick home with shop and barn, perfect for rental property PLUS a communications tower with approx 5 years remaining on existing lease. Tower generates approx 13K-15K in annual revenue, and lessee has expressed an interest in extending the lease. The land currently has an ag exemption for hay production and also features a large pond. This is an Excellent Location on one of the Busiest thoroughfares in North Texas. Everyone is Buzzing about the Highway 380 expansion, and development tracts between Farmersville and Greenville are getting scarce.. Existing 12 inch water line along Hwy frontage makes development easy. Not often investors find a parcel with such strong current income with a very high ROI in the very near future.
Highlights
(Active Under Contract)
Virtual tour
Summary
- MLS Number: 20895456
- MLS Name: NTR
- Office Name: Diversified Realty Consultants
- Listing Agent: Alisha Moss, Katherine Lamkin
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Last updated on: 4/16/2025, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,896,920
6035 US Highway 380
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $199,840 | $1,087 |
2023 | $206,170 | $1,108 |
2022 | $196,210 | $1,108 |
2021 | $164,470 | $1,155 |
History based on county public records data.
Nearby schools
5
Farmersville Intermediate School
Public District 2-5
4.2 mi
•807 N Main St
7
Bland Elementary School
Public District PK-5
4.8 mi
•5123 FM 2194
7
Frances and Jeannette Lee Elementary School
Public District PK-5
6.5 mi
•2702 Gilmer St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,680. The majority of Caddo Mills, TX residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 6035 US Highway 380
This home is located at 6035 US Highway 380 in Caddo Mills, TX and zip code 75442. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $2,896,920.
In March 2025 in Caddo Mills, TX there were 10.7% more homes for sale than in February. Listings spent 103 days on the market in March 2025, and had a median list price of $399,999 during the same period.