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    24 Crk 305 Wellman, TX 79316

    For Sale
    $80,000

    LAND - Wellman, TX

    Lot size:
    10.00 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 24 Crk 305

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    R8379
    Lot size
    10.00 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed

    The Nicholson Agency Real Esta (806) 637-3979

    Listing agent Will Fowler (806) 632-7005 License #0470262

    Listing date Oct 7, 2025

    Copyright © 2025 Lubbock 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

    Residential/Commercial Land in Wellman, TX

    This 10-acre lot is available for residential or commercial use, excluding industrial applications. Located on paved County Road 305, it is the first lot in a subdivision. Electricity is available. The property is subject to deed restrictions and an owners association, designed to maintain the neighborhood's aesthetic appeal.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Wellman
    County
    Terry
    State
    Texas
    Longitude
    -102.431015
    Latitude
    33.050925

    FAQs

    What type of property is this?
    Land - 10-acre lot suitable for residential or commercial use.
    Where is this land located?
    The property is located at 24 Crk 305 Wellman, TX.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - 10-acre lot suitable for residential or commercial use.; - Located on a paved county road (Road 305) and is the first lot in the subdivision.; - Deed restrictions and owners association in place to maintain neighborhood aesthetics.
    (806) 632-7005
    Request Owner's contact information
    24 Crk 305 Wellman, TX 79316
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    Wellman, TX 79316
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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
    24 Crk 305 Wellman, TX 79316
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