Tbd Eddy-Gatesville Pkwy, Eddy, TX, TX 76524

Property Description

This incredible offering would be perfect for a variety of uses: a buy-and-hold, acreage lot development, or even a gentleman's ranch. With no known deed restrictions, the possibilities are endless. Rikhil Ranch has over 3,450 feet of road frontage along Eddy-Gatesville Parkway and over 500 feet of road frontage on Hodge Road, giving the property access from multiple points and plenty of visibility. Three-phase electricity via OnCor runs along the entirety of Eddy-Gatesville Parkway bordering the property, and the City of Bruceville-Eddy has an 8-inch waterline on the other side of Hodge Road — the current owners were previously approved for 80 water meters, and it is possible that more could be applied for. Geographically, the property is well-positioned. Rikhil Ranch sits less than 2 miles from IH-35, 16 miles from Temple, and 21 miles from Waco. Given Rikhil Ranch's close proximity to both the Waco MSA and the Temple-Belton-Killeen MSA, it is no surprise that the property is located within a 30-mile radius of over 650,000 people. Development of the property into half-acre lots or one-acre lots could be within the realm of possibility; it is probable that any homesites would have a good amount of privacy with the number of trees scattered across the ranch.