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    5 Hughes Rd Big Lake, TX 76932

    For Sale
    $850,000

    40 Acres, Endless Potential, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 40.11-acre commercial land parcel presents a unique investment opportunity in Big Lake, Texas. Located on Hwy 137, this property boasts significant highway frontage, offering unparalleled visibility and accessibility. The expansive acreage allows for a multitude of development possibilities, including but not limited to: an RV park, a convenience store with a fuel station, a lay-down yard for equipment storage, commercial office space with ample yard area, a man camp for workforce housing, or even horse stables. The property's location in Reagan County, Texas, provides access to a growing regional economy. The asking price is $850,000. Existing wells on the property are negotiable as part of the sale. This versatile land tract is ideal for entrepreneurs and investors seeking a substantial foothold in a thriving Texas market. The address is 5 Hughes Rd, Big Lake, TX 76932. With its strategic location and expansive size, this property offers an exceptional return on investment potential. Don't miss this chance to acquire a significant piece of Texas commercial real estate. All lots are being sold together.

    Property Features for 5 Hughes Rd

    General Information

    Property type
    Land
    Lot Size
    1,747,192 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Big Lake
    County
    Reagan
    State
    Texas
    Longitude
    -101.4673959
    Latitude
    31.1791585

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    FAQs

    What type of property is this?
    Land - 40 Acres, Endless Potential, Texas
    Where is this land located?
    The property is located at 5 Hughes Rd Big Lake, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    (432) 688-8200
    Request Owner's contact information
    5 Hughes Rd Big Lake, TX 76932
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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
    5 Hughes Rd Big Lake, TX 76932
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