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    204 Co Rd Pecos, TX 79772

    For Sale
    $3,500,000

    Prime Development Land Near I-20

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 835-acre property in Reeves County, Texas, presents a remarkable development opportunity. Strategically located just 0.5 miles from Interstate 20 and 2.5 miles from Pecos, this expansive tract boasts convenient access via County Roads 204 and 205, and also via Interstate 20 or Highway 17. A preliminary subdivision plan is already in place, dividing the land into 56 lots ranging from 10 to 42 acres each, simplifying the development process. The property's potential is further enhanced by the presence of several old irrigation wells, indicating the existence of good water in the area. Electricity is readily available along County Roads 204 and 205, extending to a portion of the northwest property boundary. This turnkey opportunity is priced at $3,500,000 and is offered for individual ownership. The property is zoned for commercial and farm use. This is an ideal investment for developers seeking a prime location with existing infrastructure and a well-defined plan for future development. The property's proximity to major transportation routes and the city of Pecos makes it an attractive location for residential or commercial development. The existing subdivision plan provides a significant head start for any prospective buyer.

    Property Features for 204 Co Rd

    General Information

    Property type
    Farms
    Lot Size
    36,372,600 SF

    HighLights

    • 835‑acre tract in Reeves County, Texas.
    • Preliminary subdivision plan with 56 lots (10‑42 acres each).
    • 0.5 miles from I‑20 and 2.5 miles from Pecos, Texas.
    • Access via County Roads 204 & 205, I‑20, and Hwy 17.
    • Existing irrigation wells and electricity along County Roads 204 & 205.
    • Zoned for commercial and farm use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pecos
    County
    Reeves
    State
    Texas
    Longitude
    -103.558587
    Latitude
    31.394421

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    FAQs

    What type of property is this?
    Farm - Prime Development Land Near I-20
    Where is this farm located?
    The property is located at 204 Co Rd Pecos, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 835-acre tract in Reeves County, Texas.; Preliminary subdivision plan with 56 lots (10-42 acres each).; 0.5 miles from I-20 and 2.5 miles from Pecos, Texas.
    Request Owner's contact information
    204 Co Rd Pecos, TX 79772
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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
    204 Co Rd Pecos, TX 79772
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