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$43,257,825 Just Listed
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Property Description
A RARE OPPORTUNITY to acquire 961.285 exceptional acres strategically positioned at the high-visibility Northwest corner of Highway 114 and Highway 287 in the direct path of the North Texas growth corridor. This premier commercial development opportunity offers outstanding frontage, unmatched accessibility, and tremendous exposure along one of the most heavily traveled growth corridors in North Texas. Ideally located between Fort Worth and Decatur, the property sits in the direct path of explosive residential, commercial, and industrial expansion fueled by the continued growth of the Alliance corridor, Texas Motor Speedway area, and Northwest ISD communities. Highway 114 and US 287 serve as major transportation arteries connecting the Dallas-Fort Worth Metroplex to Wise County and beyond, creating exceptional potential for mixed-use, industrial, logistics, retail, hospitality, master-planned development, or long-term investment opportunities. The expansive acreage provides flexibility for phased development and large-scale commercial projects. With strong traffic counts, excellent highway access, and proximity to major employment centers, this property is uniquely positioned to capitalize on the unprecedented growth occurring throughout the North Texas market. Rarely does an offering of this size, location, and visibility become available in such a highly sought-after corridor.
Full Property Details
Full Property Details for 00 Hwy 114
General
- Price: $43,257,825
- Taxes: $80
- Status: Active
- Type: Commercial Investment
- Source: NTREIS
- MLS ID: 21283880
- Updated: Today (5/29/2026)
- Added to Site: Today
Business
- Business Type: Farm
Location
- County: Wise
- Subdivision: none
- Driving Directions: Northwest Corner of Highways 287 and 114. Signs on property.
Utilities
- Water: Well
- Well: Yes
- Utility Description: Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Other
Lot Features
- Lot Size (Acres): 961.285
- Lot Size (Sq. Ft.): 41,873,574.6
- Lot Size Source: Assessor
- Lot Features: Acreage
- Potential Use: Other
- Zoning: City of Rhome
Financial Considerations
- Tax Amount: $80
Disclosures and Reports
- Legal Description: A-318 JT FLEMING 85.0000 ACRES
- Inclusions: Land Only
- Property ID: 737467
Listed by Keller Williams Realty, Sandy Onks
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Schools
Schools serving 00 Hwy 114
School District:Northwest Independent School District
| Name | Grades | Distance |
|---|---|---|
Clara Love Elementary School 16301 Elementary Drive, Justin, TX 76247 | PK-5 | 1.1 mi |
Gene Pike Middle School 2200 Texan Drive, Justin, TX 76247 | 6-8 | 0.5 mi |
Northwest High School 2301 Texan Drive, Justin, TX 76247 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 00 Hwy 114
Date
Details
Price
Change
Source
5/29/2026
Listed
$43,257,825
—
MLS
Disclaimer: Historical sales 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 00 Hwy 114
00 Hwy 114, Rhome, TX 76078 (MLS# 21283880) is a Commercial Investment property. 00 Hwy 114 is currently listed for $43,257,825 and was received on May 29, 2026. Want to learn more about 00 Hwy 114? Do you have questions about finding other Commercial Investment real estate for sale in Rhome? You can browse all Rhome real estate or contact a Coldwell Banker agent to request more information.

