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194 Lcr 614, 
Groesbeck, TX 76642

$469,900


Bed


Bath


-

Sq Ft


40.67

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Antoinette Ratliff

Texas Premier Realty

Last updated:

January 22, 2026, 12:59 PM

MLS#

21143626

Source:

GDAR

About This Land

194 Lcr 614

Look no further—this is the opportunity you’ve been waiting for. With endless possibilities and unmatched flexibility, this property is ideal for investors, developers, ranchers, or anyone dreaming of building a private estate with room to grow. The land is fully fenced and designed for agricultural use, featuring five strategically placed gates that allow for seamless cattle rotation and easy access throughout the property. It is currently AG-exempt, keeping property taxes incredibly low—truly pennies on the dollar—making long-term ownership both smart and sustainable. A water meter is already in place, and while the prior study for additional meters has expired, the seller previously received approval—strongly indicating that re-approval is very likely if you choose to pursue subdivision or future development. Electricity is available, adding even more value and reducing upfront costs for your plans. Whether your vision includes subdividing and investing, creating a multi-home family compound, running livestock, or building your dream home surrounded by nature, this property can accommodate it all. Mature, beautiful trees are scattered throughout the land, offering privacy, shade, and a peaceful setting that is increasingly hard to find. To make this opportunity even more compelling, there is an additional 3-acre tract with a fully remodeled home available to purchase alongside the land. If both properties are bundled together, the seller is offering a $50,000 price reduction, creating an incredible value for buyers looking to maximize their investment. All of this is conveniently located just outside Waco, providing a short drive to shopping, dining, medical facilities, and major roadways—giving you the perfect balance of country living with city convenience. Properties with this level of versatility, infrastructure, tax advantages, and location are rare. Whether you’re planning for today or investing in tomorrow, this land checks every box.

Land Facts

Description/Design:

Land

Lot Size (Acres)

40.67

MLS #:

21143626

Last Updated:

January 22, 2026, 12:59 PM


Finances & Disclosures

Finances

Price:

$469,900

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated January 22, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Benton Realtors.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.