7
See all 7 photos
$205,000
Est. payment /mo
5,227 Sqft Lot
New
2171X Fm 1235 Merkel, TX 79536
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision A0073
MLS Listing ID 21143639
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Unimproved Land
Property Description
Income-producing telecom investment opportunity featuring a dedicated 75' x 75' fenced parcel with an active cellular tower site. Property is subject to an existing single-tenant ground lease with Tillman Infrastructure, a national telecommunications infrastructure provider.
Current rent is $900 per month ($10,800 annually) with contractual rent increases of eight percent (8%) at the commencement of each five-year extension term. The lease includes an initial ten (10) year term with multiple automatic renewal options totaling up to ninety (90) years. Tenant has 24-7 access and is responsible for utilities and expenses related to its improvements. Ownership responsibilities are minimal.
The tower site is a standalone, separately owned parcel and is not part of the surrounding acreage or nearby residential property. Property will be conveyed subject to the existing lease. Lease contains a Right of First Refusal in favor of the tenant. Buyer to independently verify all lease terms, income, and due diligence items.
Ideal opportunity for cash investors or 1031 exchange buyers seeking long-term, passive income backed by an established telecom tenant.
Current rent is $900 per month ($10,800 annually) with contractual rent increases of eight percent (8%) at the commencement of each five-year extension term. The lease includes an initial ten (10) year term with multiple automatic renewal options totaling up to ninety (90) years. Tenant has 24-7 access and is responsible for utilities and expenses related to its improvements. Ownership responsibilities are minimal.
The tower site is a standalone, separately owned parcel and is not part of the surrounding acreage or nearby residential property. Property will be conveyed subject to the existing lease. Lease contains a Right of First Refusal in favor of the tenant. Buyer to independently verify all lease terms, income, and due diligence items.
Ideal opportunity for cash investors or 1031 exchange buyers seeking long-term, passive income backed by an established telecom tenant.
Location
State TX
County Taylor
Zoning *Unzoned* *Buyer and Buyer Agent to verify zoning*
Direction From I-20, take Exit 274 toward FM 1235-Merkel. Head south on FM 1235 for approx. 1.7 miles. Property is on the east side of FM 1235. Also GPS friendly
Exterior
Utilities Available Other
Garage No
Others
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21143639
©2026 North Texas Real Estate Information Systems.
Listed by Jordan Nichols • RE/MAX Big Country
GET MORE INFORMATION
FIND YOUR NEXT HOME