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    2122 Fm 1208 Stanton, TX 79782

    Sponsored
    For Sale
    $798,000

    Texas acreage: ideal for diverse uses

    Property size:
    1,180 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 28-acre property in Stanton, Texas, presents a unique investment opportunity. The land boasts a 1,180 square foot ranch house featuring two bedrooms and one and a half bathrooms. Its strategic location along FM 1208, approximately two miles north of Interstate 20 and seven miles from Loop 250 in Midland, offers convenient access to major transportation routes. The property's versatility is highlighted by its suitability for various developments, including an RV or mobile home park, worker lodging, or a pipe yard. Existing infrastructure includes a functional water well producing approximately 15-18 gallons per minute, a caliche road leading from FM 1208, and a mobile home cul-de-sac. One RV hookup is already in place, with the potential to add more. The property also benefits from neighboring caliche and water reserves. The asking price is $798,000. This unrestricted acreage presents a compelling investment for those seeking a flexible and strategically located property in Martin County, Texas. The existing ranch house provides immediate usability, while the expansive land offers significant potential for future development and expansion. This mixed-use property is perfect for owner-users seeking a blend of residential and commercial potential.

    Property Features for 2122 Fm 1208

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,180 SF
    Lot Size
    1,219,680 SF

    Building Details

    Buildings
    1

    HighLights

    • Excellent potential for RV park, man camp, or pipe yard development.
    • Includes deeded access via Caliche road off FM 1208.
    • Features a producing water well (15‑18 gallons per minute).
    • Existing 1,180 square foot farmhouse with two bedrooms.
    • Existing RV hookups with infrastructure in place for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Stanton
    County
    Martin
    State
    Texas
    Longitude
    -101.929898
    Latitude
    32.100966

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    FAQs

    What type of property is this?
    Multifamily property - Texas acreage: ideal for diverse uses
    Where is this multifamily property located?
    The property is located at 2122 Fm 1208 Stanton, TX.
    What is the asking price?
    The asking price for this property is $798,000.
    What are key features of this property?
    This property features: Excellent potential for RV park, man camp, or pipe yard development.; Includes deeded access via Caliche road off FM 1208.; Features a producing water well (15-18 gallons per minute).
    Request Owner's contact information
    2122 Fm 1208 Stanton, TX 79782
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    Stanton, TX 79782
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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

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    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
    2122 Fm 1208 Stanton, TX 79782
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