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    Booker Tx Usa Booker, TX 79005

    For Sale
    $3,273,600

    Prime Agricultural Land, High Investment Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This expansive 992-acre property in Booker, Texas, presents a unique investment opportunity. Located just west of Darrouzett, easily accessible via County Road 9, this agricultural and commercial land boasts significant potential. The property includes one stock well with a submersible pump and one stock tank, providing reliable water access for livestock. Three-phase power runs along the western boundary, offering ample energy for agricultural operations or future development. Currently zoned for agricultural use, this land offers promising irrigation potential, making it ideal for expansion or diversification. The asking price is $3,300 per acre, totaling $3,273,600. This substantial acreage, coupled with existing infrastructure and convenient access, makes it an attractive investment in a thriving Texas region. The property's location in Lipscomb County, Texas, zip code 79005, offers a strategic position for agricultural pursuits and potential future development. The combination of water resources, power availability, and expansive acreage makes this a compelling opportunity for investors seeking significant returns in the Texas agricultural market.

    Property Features for 0 Booker Tx Usa

    General Information

    Property type
    Farms
    Lot Size
    43,211,520 SF

    HighLights

    • 992‑acre property in Booker, TX, near Darrouzett.
    • Excellent irrigation potential.
    • Three‑phase power at the western boundary; one stock well with submersible pump and one stock tank. Easy County Road 9 access.
    • $3,300/acre; total price $3,273,600.
    • Currently zoned agricultural; located in Lipscomb County, TX, 79005.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Booker
    County
    Lipscomb
    State
    Texas
    Longitude
    -100.5373673
    Latitude
    36.4533648

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - Prime Agricultural Land, High Investment Potential
    Where is this farm located?
    The property is located at Booker Tx Usa Booker, TX.
    What is the asking price?
    The asking price for this property is $3,273,600.
    What are key features of this property?
    This property features: 992-acre property in Booker, TX, near Darrouzett.; Excellent irrigation potential.; Three-phase power at the western boundary; one stock well with submersible pump and one stock tank. Easy County Road 9 access.
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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
    Booker Tx Usa Booker, TX 79005
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