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    W/2 R2E Hereford, TX 79045

    For Sale
    $400,000

    Prime Texas Panhandle farmland and cattle ranch.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 320-acre property presents a unique investment opportunity in Deaf Smith County, Texas. Located near Hereford, TX, and close to the Bippus church, this high-plains ranch offers significant potential for agricultural pursuits and livestock operations. The land is described as the West half of Section 22, Township 6 North, Range 2 East, and is conveniently situated within the Texas Panhandle, providing easy access to regional markets and infrastructure. The asking price for this expansive tract is $400,000. Its location near Friona, TX, and Tucumcari, NM, further enhances its appeal to investors seeking land in this desirable region. This property is ideal for those seeking a substantial landholding in the productive agricultural heartland of the Texas Panhandle. The property's classification as both a farm and ranch highlights its versatility and suitability for a range of agricultural uses. The 79045 zip code ensures convenient access to local amenities and services. This represents a rare chance to acquire a significant acreage in a highly sought-after area of Texas. Serious inquiries are encouraged.

    Property Features for W/2 R2E

    General Information

    Property type
    Farms
    Lot Size
    13,939,200 SF

    HighLights

    • Ranch for sale near Friona, Texas.
    • Land for sale in Tucumcari.
    • Farm for sale in Deaf Smith County, Texas.
    • Acreage available in the Texas Panhandle.
    • Land for sale near Hereford, Texas.
    • Land for sale in Deaf Smith County, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hereford
    County
    Deaf Smith
    State
    Texas
    Longitude
    -102.5298028
    Latitude
    35.0017354

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    FAQs

    What type of property is this?
    Farm - Prime Texas Panhandle farmland and cattle ranch.
    Where is this farm located?
    The property is located at W/2 R2E Hereford, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Ranch for sale near Friona, Texas.; Land for sale in Tucumcari.; Farm for sale in Deaf Smith County, Texas.
    Request Owner's contact information
    W/2 R2E Hereford, TX 79045
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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
    W/2 R2E Hereford, TX 79045
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