Two-Parcel Asset Primed w/ Master Plans 2 Land Properties Online Auction Sale Cleburne, TX
INVESTMENT HIGHLIGHTS
- Rare two-parcel acquisition of 27.9 acres shadow-anchored by La Moderna Field/The Depot, a Minor League baseball stadium in Cleburne, Texas.
- Unique opportunity to be a developer or an investor in a future mixed-use development with master plans to deliver housing, entertainment, and more.
- Properties have the unique attribute of being exempt from all Impact Fees charged by the City of Cleburne which are estimated at over $1 million.
- Ideally located in the Fort Worth MSA, with seamless connectivity to major thoroughfares US 67, TX 171, TX 174, and the Cleburne Regional Airport.
- Positioned within a rapidly growing area surrounded by popular retailers, including Walmart Supercenter, Starbucks, Aldi, Planet Fitness, and more.
EXECUTIVE SUMMARY
This is a notable opportunity to acquire a portfolio of two raw land parcels within a master-planned community in Cleburne, Texas, a part of the Fort Worth metropolitan area. The offering includes 27.9 acres of strategically zoned land with PD zoning for Townhomes and MF-2 zoning for High-Density Residential. Shadow anchored by La Moderna Field, a 1,750-seat Minor League stadium and home of the Cleburne Railroaders, the property features Tracts 5 and 8. Tract 5 allows up to 36 units per acre, while Tract 8 permits 12 townhouse units per acre, with flexibility for zoning modifications to accommodate multifamily for rent or single-family detached for sale. The PD zoning further enhances development potential by allowing staff-level approval for a range of uses, including commercial. A savvy developer and knowledgeable investor can take advantage of the location and add to a future mixed-use development with master plans to create an impressive community with housing, entertainment, easily accessible streets, and amenities. All construction is exempt from impact fees per Cleburne ordinance, and with off-site detention, the entire acreage is available for yield.
A rapidly growing community encompasses the acreage at SEC Railhead Parkway and Cleburne Station Parkway. Within a 10-mile radius, the area experienced annual growth of 4.8% from 2020 to 2024 and is anticipated to increase by an additional 3.7% each year from 2024 to 2029. Residents within the surrounding community earn an average household income of more than $86,000 and live in 70% of owner-occupied households.
The land boasts exceptional connectivity since it is just a half-mile from US Route 67 and the Chisholm Trail Parkway. The parcels are within a five-minute drive of State Highways 171 and 174 and Cleburne Regional Airport. Within a 3-mile radius, residents and visitors will appreciate the numerous retailers and fast-food spots that surround the acreage, including Walmart Supercenter, Starbucks, Aldi, Dollar General, Planet Fitness, Chick-fil-A, McDonald’s, Lowe’s, The Home Depot, Whataburger, and many more.
Secure this expansive land at SEC Railhead Parkway and Cleburne Station Parkway with an in-place master plan for the opportunity to bring a new, thriving, and convenient community to life.
Property tours are available by appointment only. Please contact the broker to schedule.
A rapidly growing community encompasses the acreage at SEC Railhead Parkway and Cleburne Station Parkway. Within a 10-mile radius, the area experienced annual growth of 4.8% from 2020 to 2024 and is anticipated to increase by an additional 3.7% each year from 2024 to 2029. Residents within the surrounding community earn an average household income of more than $86,000 and live in 70% of owner-occupied households.
The land boasts exceptional connectivity since it is just a half-mile from US Route 67 and the Chisholm Trail Parkway. The parcels are within a five-minute drive of State Highways 171 and 174 and Cleburne Regional Airport. Within a 3-mile radius, residents and visitors will appreciate the numerous retailers and fast-food spots that surround the acreage, including Walmart Supercenter, Starbucks, Aldi, Dollar General, Planet Fitness, Chick-fil-A, McDonald’s, Lowe’s, The Home Depot, Whataburger, and many more.
Secure this expansive land at SEC Railhead Parkway and Cleburne Station Parkway with an in-place master plan for the opportunity to bring a new, thriving, and convenient community to life.
Property tours are available by appointment only. Please contact the broker to schedule.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
PROPERTY FACTS
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Total Land Area | 27.90 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE |
|---|---|---|
|
Multi-Family 2 / 36 Units Per Acre - Tract 5
SEC Railhead Pky, Cleburne, TX 76033 |
Land | 14.20 AC |
|
MF-1 / Single-Family Attached Townhouse - 8
SEC Railhead Pky, Cleburne, TX 76033 |
Land | 13.70 AC |
SALE ADVISOR
SALE ADVISOR
Jim Falvo, Principal
(214) 750-9898 x214
Contact
James L. Falvo is the Principal of Dallas based DFW Advisors Ltd. Co. (DFWA) and is a licensed Texas Real Estate Commission broker. Mr. Falvo provides oversight to all real estate relocations, acquisitions, sales, research and analysis, valuation, and project management.
Mr. Falvo earned his BBA in Accounting and Management at the University of Oklahoma and a MBA in Finance and Real Estate from Southern Methodist University. He is a member of the North Texas Commercial Association of Realtors (NTCAR), the National Association of Realtors (NAR), the Texas Association of Realtors (TAR) and the Dallas Chapter of the International Right of Way Association (IRWA). Jim also holds the IRWA Relocation Assistance Certification (R/W-RAC).
Mr. Falvo earned his BBA in Accounting and Management at the University of Oklahoma and a MBA in Finance and Real Estate from Southern Methodist University. He is a member of the North Texas Commercial Association of Realtors (NTCAR), the National Association of Realtors (NAR), the Texas Association of Realtors (TAR) and the Dallas Chapter of the International Right of Way Association (IRWA). Jim also holds the IRWA Relocation Assistance Certification (R/W-RAC).
ABOUT THE AUCTION PLATFORM
Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT
Amen Almukhtar
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
