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1/22
$399,900 -$70,000 (-14.9%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 194 Lcr 614
General
- Price: $399,900
- Taxes: $1,074
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21143626
- Updated: 2/4/2026
- Added to Site: 31 day(s) ago
Location
- County: Limestone
- Subdivision: Hendrick
- Driving Directions: From Waco, take HWY 164 East toward Mart. Approximately 7.5 miles from Mart, take a right at County Road 614. Less than half a mile down 614, there will be a silver gate at the property.
School Information
- Elem School District: Mart ISD
- Midd School District: Mart ISD
- High School District: Mart ISD
- Elementary School: Mart
- Middle School: Mart
- High School: Mart
Utilities
- Sewer: None
- Water: Community/Coop
- Utility Description: Electricity Available, Sewer Not Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Hunting, Recreational
Lot Features
- Lot Size (Acres): 40.67
- Lot Size (Sq. Ft.): 1,771,585.2
- Frontage: County Road, Highway
- Topography: Cleared
- Lot Features: Acreage, Many Trees
- Development Status: Other
- Trees/Vegetation: Wooded, Partially Wooded
- Zoning: NA
- Fencing (Description): Full
Financial Considerations
- Tax Amount: $1,074
- Terms: Cash, Conventional, Texas Vet, USDA Loan
Disclosures and Reports
- Legal Description: A229 H HENDRICK, ACRES 40.67
- Property ID: R133491
Listed by Texas Premier Realty, Antoinette Ratliff
Get Pre-Approved Today
Schools
Schools serving 194 Lcr 614
School District:Mart Independent School District
| Name | Grades | Distance |
|---|---|---|
Mart Elementary School 1400 Jl Davis Avenue, Mart, TX 76664 | PK-6 | 5.5 mi |
Mart High School 1100 J L Davis Ave, Mart, TX 76664 | 7-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 194 Lcr 614
Date
Details
Price
Change
Source
2/04/2026
Price Reduced
$399,900
-14.9%
MLS
1/06/2026
Listed
$469,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 194 Lcr 614
Year
Property Taxes
Change
Tax Assessment
Change
2025
$107
-92%
$19,026
3%
2022
$1,372
—
$18,390
-93%
2022
$1,372
—
$278,270
44%
2022
$1,372
1329%
$192,700
43%
2021
$96
—
$134,620
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 194 Lcr 614
194 Lcr 614, Groesbeck, TX 76642 (MLS# 21143626) is a Lots/Land property with a lot size of 40.67 acres. 194 Lcr 614 is currently listed for $399,900 and was received on January 06, 2026. Want to learn more about 194 Lcr 614? Do you have questions about finding other Lots/Land real estate for sale in Groesbeck? You can browse all Groesbeck real estate or contact a Coldwell Banker agent to request more information.

