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    20 Acre Lots Channing, TX 79018

    For Sale
    $70,000

    Prime Texas ranch land, owner financing available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional offering presents a unique opportunity to acquire 10 or 20-acre parcels of land situated 11 miles southwest of Dumas, Texas. Conveniently located on the south side of County Road R and the east side of Middlewell Road, these properties boast access via paved county roads. The asking price varies depending on lot size: $50,000 for 10-acre lots and $60,000-$70,000 for 20-acre lots. The land is subject to certain restrictions, details of which will be provided to prospective buyers. These restrictions include allowing new double-wide trailers while prohibiting used trailer houses. For those seeking flexible payment options, owner financing is available with a 20% down payment, an 8-year term, and an 11% interest rate. This presents a compelling investment opportunity in a desirable location, offering a variety of lot sizes and convenient access. The property is located in Moore County, Texas, zip code 79018, and is classified as both ranch and residential land. This is an ideal location for those seeking a peaceful rural setting with easy access to nearby amenities.

    Property Features for 20 Acre Lots

    General Information

    Property type
    Farms
    Lot Size
    435,600 SF

    HighLights

    • Flexible lot sizes available.
    • Excellent accessibility and convenient location.
    • Seller financing options considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Channing
    County
    Moore
    State
    Texas
    Longitude
    -102.1246313
    Latitude
    35.7647632

    FAQs

    What type of property is this?
    Farm - Prime Texas ranch land, owner financing available.
    Where is this farm located?
    The property is located at 20 Acre Lots Channing, TX.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: Flexible lot sizes available.; Excellent accessibility and convenient location.; Seller financing options considered.
    Request Owner's contact information
    20 Acre Lots Channing, TX 79018
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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
    20 Acre Lots Channing, TX 79018
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