# 194 LCR 614, Groesbeck, TX 76642

> **TL;DR:** land, $299,900. Est. $1,300/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $299,900 |
| Lot Size | 1,771,585 sqft (40.67 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,300 |
| **Total** | **$1,300** |

## Nearby Schools

- **Elementary:** Mart

## Property Highlights

- 40.67 acre lot

## Description

### Agent 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.

## Location

- **Address:** 194 LCR 614, Groesbeck, TX 76642
- **County:** Limestone
- **Neighborhood:** Hendrick
- **Coordinates:** 31.490918, -96.712066
- **Google Maps:** https://www.google.com/maps?q=31.490918,-96.712066

## Listing Agent

- **Name:** Antoinette Ratliff
- **Brokerage:** Texas Premier Realty
- **Phone:** 8005449885
- **Email:** ratliff03142019@gmail.com

## Primary Photo

![194 LCR 614 - Primary Photo](http://lh.rdcpix.com/a20940873de6d4e340a68b510ec81432l-f3807331794r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/194-lcr-614-groesbeck-tx-76642-21143626)*

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**MLS#:** 21143626 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/194-lcr-614-groesbeck-tx-76642-21143626)

---

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