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    83 Hwy Loop, TX 79342

    For Sale
    Contact for pricing

    LAND - Loop, TX

    Lot size:
    0.48 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 11 at 4:06 am

    Property Features for 83 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    54563 54566
    Lot size
    0.48 Acres

    Utilities

    Water source
    Well

    The Real Estate Place (432) 758-3238

    Listing agent Cassie Hughes (432) 788-7253

    Listing date Sep 9, 2025

    Copyright © 2025 Odessa Board 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

    Two Lots in Loop, TX

    Two adjacent lots are available in the town of Loop, Texas. The combined lot size is 0.48 acres. The property is located on Hwy 83. The location may be suitable for starting a new business or building a home. The surrounding area is quiet, and the local school is considered to be of high quality.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Loop
    County
    Gaines
    State
    Texas
    Longitude
    -102.4179054
    Latitude
    32.9151396

    Nearby Similar for Sale

    • $480,000
      240.00 Acres

      240 Acre Ranch in Loop

      240-acre ranch in Gaines County, native grasses, oil wells.
      143 County Rd, Loop, TX 79342
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two adjacent lots suitable for business or residential use.
    Where is this commercial land located?
    The property is located at 83 Hwy Loop, TX.
    What is the asking price?
    The asking price for this property is $18,000.
    What are key features of this property?
    This property features: - Two adjacent lots being sold together, offering ample space.; - Located in the town of Loop.; - Potential for starting a new business or building a home.
    (432) 788-7253
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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
    83 Hwy Loop, TX 79342
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