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200-Acre Farmland Tract

CR 404 County Rd 404, Loraine, TX 79532

For Sale
$550,000

Land, Loraine, TX

Property SizeContact for details
Lot Size200.00 Acres
Days on Market121

Property Features for CR 404 County Rd 404

General Information

Property type Land
Property subtype Other
Fencing Barbed Wire
Subdivision T And P
Elementary school Loraine
Middle school Loraine
High school Loraine
Elementary school district Loraine
Middle school district Loraine
High school district Loraine
Standard status Active
Lot size 200.00 Acres

Taxes and HOA fees

Tax Description ABST 703 Block 25 T&P/Sec.46/SPT 200-acre tract
Tax Annual Amount 660
Legal Description ABST 703 Block 25 T&P/Sec.46/SPT 200-acre tract

Utilities

Water source Well
Listing Agency: Heritage Homes REALTORS
Listed By: Faye Blackledge · License TX #0300886
Added: Jul 15 Changed: Nov 5 Last Checked: Nov 12 at 8:06PM
MLS# 50096771

Copyright © 2026 Permian Basin 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.

Rey
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Investment Insights

Based on property information with market context.

This 200-acre agricultural tract in Mitchell County comprises 170 acres of dryland cropland and 30 acres of native pasture. The property has not been farmed in recent years, and a former homesite remains visible. An existing water well is located near the homesite, and barbed-wire fencing is present.

The tract lies just outside Loraine, Texas. Railroad tracks form its northern boundary, and a rock quarry is visible from the road. The property previously included 200 acres in the CRP program.

Key Highlights

  • 200 acres: 170 acres of dryland cropland and 30 acres of native pasture
  • Water well near the former homesite
  • Barbed‑wire fencing

Property Analytics

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Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Real Estate Agency Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 79532, TX

796
Population
537
Households
1.5
Avg Household Size
44
Median Age
21%
College-Educated
80%
High-School Grad
124.9 sq mi
ZIP Area
6
Density / Sq Mi
$43,393
Median Household Income
$33,289
Median Earnings
$367
Median Rent
$102,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - A mix of dryland cropland and native pasture includes an existing well and barbed-wire fencing.
Where is this agricultural land / farmland located?
The property is located at CR 404 County Rd 404 Loraine, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 200 acres: 170 acres of dryland cropland and 30 acres of native pasture; Water well near the former homesite; Barbed‑wire fencing
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