Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    35 Fort Bliss Drive Terlingua, TX 79852

    View on Map
    Claim this Listing
    For Sale
    $130,000

    LAND - Terlingua, TX

    Lot size:
    20.00 Acres
    Added:
    Feb 7, 2026
    Days on Market:
    83
    Last Refresh:
    May 1 at 9:06 am

    Property Features for 35 Fort Bliss Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    15809
    Lot size
    20.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    823

    We can help!

    Listing Contact
    Clay Braden
    Clay Braden

    Listing agent Clay Braden License #0779761

    Listing office Mountain View Properties 2100 W Highway 90, Alpine, TX

    Listing date Feb 7, 2026

    MLS# 167226 Listing URL

    Copyright © 2026 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

    Unique Terlingua Retreat on Acres

    This unique 20-acre retreat in Terlingua, Texas, features three structures designed to resemble an Old West town. The main two-story building, styled as a "saloon," includes a large bar, a wood-burning stove, a bathroom with a shower, two upstairs bedrooms, and a balcony. There is also a separate bunkhouse for guests and a third building with a kitchen, dining area, and porch for enjoying the desert air. The property features dense native vegetation and offers ample room for expansion. Located in the Big Bend region, the property benefits from dark skies and presents strong potential for Airbnb or full-time residence. It provides easy access to Hwy 118.
    Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Similar Places Nearby

    • Villa Terlingua — 100 Guadalupe Loop, Terlingua, TX 79852
    • Santa Vaca Casita — S County Rd, Lajitas, TX 79852
    • Terlingua Longhorn — 1 Franklin Ci, Terlingua, TX 79852
    • Ocotillo Vista — 10 McHaney Road, Terlingua, TX 79852
    • Casa Mariposa Guesthouse — 127 Devine Wy, Terlingua, TX 79852

    Map

    City
    Terlingua
    County
    Brewster
    State
    Texas
    Longitude
    -103.605
    Latitude
    29.3217

    Nearby Similar for Sale

    • $725,000

      Commercial Land Near Big Bend

      Five acres with highway frontage near Big Bend National Park.
      Hwy 118, Terlingua, TX 79852
      View Details
    • $725,000

      Commercial Land Near Big Bend

      Five commercial acres with highway frontage near Big Bend National Park.
      Hwy 170, Terlingua, TX 79852
      View Details
    • $179,000
      53,143 SF

      Terlingua Commercial Land For Sale

      1.22 acre corner lot in the heart of Terlingua, TX.
      FM 170, Terlingua, TX 79852
      View Details
    • $179,000

      Terlingua, TX Corner Lot Land

      1.22 acre corner lot in the heart of Terlingua.
      FM 170, Terlingua, TX 79852
      View Details
    • $399,900

      Terlingua Land with Mountain Views

      10 acres near Big Bend, ideal for rental investment.
      FM 170, Terlingua, TX 79852
      View Details
    • $649,900
      951 SF

      Turnkey Business Near Big Bend

      Adobe arch casitas, a five-star Airbnb near Big Bend.
      52109 Hwy 118, Terlingua, TX 79852
      View Details
    • $67,000

      Terlingua Ranch Road Land

      67.5 acres of desert land near Terlingua Ranch Lodge.
      813 Terlingua Ranch Rd, Terlingua, TX 79852
      View Details
    • $175,000

      Scenic Land in Terlingua, TX

      5.42 acres with mountain views, power, and water access.
      23031 FM 170, Terlingua, TX 79852
      View Details
    • $1,200,000
      750 SF

      Terlingua Lodging Investment Opportunity

      Classic Terlingua lodging with exceptional return on investment.
      421 Kempf Rd, Terlingua, TX 79852
      View Details
    • $37,900

      40 Acres in Terlingua, TX

      40 acres near Big Bend National Park with varied terrain.
      622 Marathon, Terlingua, TX 79852
      View Details
    • $14,000

      Terlingua Ranch Land For Sale

      5-acre tract near Big Bend National Park.
      598 Starhaven Lane, Terlingua, TX 799852
      View Details
    • $75,000

      Off-Grid Terlingua Land For Sale

      5-acre off-grid property near amenities with improvements and rental potential.
      4400 E Este Rd, Terlingua, TX 79852
      View Details

    FAQs

    What type of property is this?
    Bed & breakfast - 20-acre Terlingua retreat with Old West-style structures.
    Where is this bed & breakfast located?
    The property is located at 35 Fort Bliss Drive Terlingua, 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: Unique "Old West town" design with three separate buildings.; 20‑acre property in Terlingua, offering privacy and expansion potential.; Main "saloon" building features a bar, wood‑burning stove, bathroom, and two bedrooms.
    (325) 315-6412
    We can help!
    Listing Contact
    Clay Braden
    Clay Braden
    Real Estate License ID: 0779761
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    35 Fort Bliss Drive, Terlingua, TX 79852

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!