$99,900 Lake Limestone, TX Obo

Farm Description

Private Texas Acreage Near Lake Limestone

Own 9.59 acres of private Texas land near Lake Limestone in Groesbeck, Texas. This Limestone County property offers a strong combination of usable acreage, privacy, mature trees, open pasture, utility potential, road access, and an existing mobile/manufactured home on site.

The 2026 proposed appraised value shows $119,875, while the current asking price is $99,900 Obo, putting the property roughly $19,975 below proposed appraised value.

This is a solid fit for a buyer looking for a weekend retreat, future country homestead, lake-area basecamp, recreational property, or long-term land investment.

Property Highlights

9.59 acres near Lake Limestone

Located in Groesbeck, Tx

Lcr 820 road access

Electric available

Well and septic reported

Existing mobile/manufactured home on site

Mature shade trees

Open usable pasture

Gated/fenced entry

Pond/water feature area

Room for animals, gardens, equipment, recreation, or future improvements

Quiet rural setting with lake-area appeal

Possible Uses

Weekend getaway near Lake Limestone

Private country retreat

Future homestead

Small recreational basecamp

Family land

Buy-and-hold investment

Rural rental or improvement project

Lake-area escape for fishing, boating, and outdoor use

Why This Property Stands Out

Land buyers continue to look for usable rural and exurban acreage with access, utility potential, and lifestyle flexibility. Properties with road access, nearby utilities, and clear recreational or homestead use tend to attract stronger buyer demand, especially when seller pricing gives room below market indicators.

This property also fits the rural/recreational and primary homesite buyer profile: privacy, outdoor space, simplicity, and a clear path to creating a personal retreat or long-term land asset.

Buyer Due Diligence

Buyer to verify all property information, including zoning, permitted uses, restrictions, utilities, well/septic condition, mobile home condition, boundaries, floodplain status, taxes, title matters, easements, mineral rights, and intended use.

Call to Action

Serious cash buyers only.