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#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
Home typeVacant Land
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Lot size36.2115 Acres
Year built1980
MLS #20895456
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Summary
- List Price: $2,896,920
- Annual Tax Amount: $1,087
- Tax Year: 2024
- Lot: Agricultural, Corner Lot, Level, Pasture, Few Trees
- Directions: GPS Address.
- Year Built: 1980
- Lot Size: 36.2115 Acres
- MLS Number: 20895456
- MLS Name: NTR
- Office Name: Diversified Realty Consultants
- Listing Agent: Alisha Moss, Katherine Lamkin
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/6/2025, 8:20:34 PM 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 most common annual income of people living in Caddo Mills, TX is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
30%
<35k
49%
35k-100k
19%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
17%
Single, No Kids
9%
Single, with Kids
38%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
12%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 6035 US Highway 380
The listing price of 6035 US Highway 380 property is $2,896,920.
The property 6035 US Highway 380 is land located in Caddo Mills, Texas, 75135.
Accepting Backup Offers: 6035 US Highway 380 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 6035 US Highway 380 are: Farmersville Intermediate School (GreatSchools Rating 5/10), Bland Elementary School (GreatSchools Rating 7/10), Frances and Jeannette Lee Elementary School (GreatSchools Rating 7/10), Farmersville Jr High School (GreatSchools Rating 7/10), Bland Middle School (GreatSchools Rating 5/10), Caddo Mills Middle School (GreatSchools Rating 7/10), Bland High School (GreatSchools Rating 7/10), Farmersville High School (GreatSchools Rating 6/10), Caddo Mills High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,087 (source: MLS/based on county public records data).
The property 6035 US Highway 380 is 36.212 acres.
The year of construction for 6035 US Highway 380 is 1980.
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.
The inventory of homes for sale in Caddo Mills, TX between March and April 2025 increased by 15.5%. While the average time on the market in April 2025 was 91 days, the median list price was $406,599.
From Rocket Homes Real Estate and based on county public records data.