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    1151 S Fm 368 Iowa Park, TX 76367

    Sponsored
    For Sale
    $130,000

    Lot 1-5 Acres - Iowa Park, TX

    Type:Single Family Residence
    Property size:
    63,841 SF
    Lot size:
    1.47 Acres
    Days on Market:
    57
    Last Refresh:
    Jan 7 at 2:06 am

    Property Features for 1151 S Fm 368

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Size
    63,841 SF
    Lot size
    1.47 Acres

    Building Details

    Architectural style
    Other

    D-D Team LLL d/b/a RE/MAX Elite Group (940) 264-2500 [email protected]

    Listing agent DEBRA WEST (940) 264-2500 License #0516000

    Listing date Nov 12, 2025

    MLS# 180466 Listing URL

    Copyright © 2026 Wichita Falls Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iowa Park Corner Lot Homesites

    This 1.47-acre corner lot is located in Iowa Park, Texas. Zoned R1 Residential, the property offers potential for 7 city lot homesites. The location is suitable for building affordable homes for first-time homebuyers or for build-to-rent investment purposes. The property, with a total size of 63841 square feet, is a clean slate ready for development. Utilities are accessible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iowa Park
    County
    Wichita
    State
    Texas
    Longitude
    -98.671252
    Latitude
    33.939286

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    FAQs

    What type of property is this?
    Land - 1.47 acre corner lot with potential for homesites.
    Where is this land located?
    The property is located at 1151 S Fm 368 Iowa Park, TX.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - 1.47 acre corner lot suitable for development.; - Zoned R1 Residential, allowing for up to 7 homesites.; - Ideal for affordable homes or build-to-rent investments.
    (940) 264-2500
    Request Owner's contact information
    1151 S Fm 368 Iowa Park, TX 76367
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    Iowa Park, TX 76367
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1151 S Fm 368 Iowa Park, TX 76367
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