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    2Nd St Dumas, TX 79029

    Sponsored
    For Sale
    $395,000

    10 Acres, $395,000 - Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.26-acre property presents a unique multi-use development opportunity in Dumas, Texas. Located at the intersection of Texas Avenue and 2nd Street, this expansive parcel offers significant potential for a variety of commercial, residential, and agricultural ventures. The strategic location provides excellent visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure or developers looking to create a mixed-use community. The land is zoned to allow for a range of uses, providing flexibility for investors to tailor their projects to meet specific needs and market demands. With its substantial size and prime location in Dumas, TX, this property represents a rare chance to acquire a significant land holding in a growing area. The asking price of $395,000 reflects the exceptional value and potential of this versatile property. Utilities are available, and the property is ready for immediate development. Detailed zoning information and development guidelines are readily accessible through the appropriate city channels. This is a prime opportunity for investors and developers seeking a substantial land parcel with diverse development possibilities in a thriving Texas community. The property's address is Texas Ave & 2nd Street, Dumas, TX 79029. The geographic coordinates are latitude 35.8638466 and longitude -101.9525847.

    Property Features for 0 2Nd St

    General Information

    Property type
    Farms
    Lot Size
    446,926 SF

    HighLights

    • $395,000 asking price.
    • 10.26‑acre land parcel.
    • Located at Texas Ave & 2nd Street, Dumas, TX 79029.
    • Mixed‑use zoning (Agricultural, Commercial, Residential).
    • Excellent development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dumas
    County
    Moore
    State
    Texas
    Longitude
    -101.9525847
    Latitude
    35.8638466

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    FAQs

    What type of property is this?
    Farm - 10 Acres, $395,000 - Development Potential
    Where is this farm located?
    The property is located at 2Nd St Dumas, TX.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price.; 10.26-acre land parcel.; Located at Texas Ave & 2nd Street, Dumas, TX 79029.
    Request Owner's contact information
    2Nd St Dumas, TX 79029
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    Dumas, TX 79029
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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
    2Nd St Dumas, TX 79029
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