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Dryland Cropland and Pasture
For Sale
$550,000

CR 404 County Rd 404, Loraine, TX 79532

Land, Loraine, TX

Property SizeContact for details
Lot Size200.00 Acres
Days on Market54

Property Features for CR 404 County Rd 404

General Information

Property type Land
Property subtype Other
Fencing Barbed Wire
Subdivision T And P
Elementary school Loraine
Middle school Loraine
High school Loraine
Elementary school district Loraine
Middle school district Loraine
High school district Loraine
Standard status Active
Lot size 200.00 Acres

Taxes and HOA fees

Tax Description ABST 703 Block 25 T&P/Sec.46/SPT 200-acre tract
Tax Annual Amount 660
Legal Description ABST 703 Block 25 T&P/Sec.46/SPT 200-acre tract

Utilities

Water source Well
Listing Agency: Heritage Homes REALTORS
Listed By: Faye Blackledge · License #TREC 0300886
Added: Jul 15 Changed: Sep 4 Last Checked: Sep 6 at 3:06AM
MLS# 50096771

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 200-acre agricultural tract includes approximately 170 acres of dryland cropland and 30 acres of native pasture. The land has not been worked in years, and remnants of a former homesite remain visible. An older water well is located near the homesite, while barbed-wire fencing is present on the property. A portion of the acreage was previously enrolled in the CRP program.

The property is situated outside Loraine in Mitchell County, with County Road 404 providing the listed address. Railroad tracks form the north boundary, and the tract extends west from that line. A large rock quarry can be seen from the road, and the property is located near town.

Key Highlights

  • 200 acres total with 170 acres of dryland cropland and 30 acres of native pasture
  • Older water well positioned near the former homesite
  • Barbed‑wire fencing on the property

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 79532, TX

796
Population
537
Households
1.5
Avg Household Size
44
Median Age
21%
College-Educated
80%
High-School Grad
124.9 sq mi
ZIP Area
6
Density / Sq Mi
$43,393
Median Household Income
$33,289
Median Earnings
$367
Median Rent
$102,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agricultural acreage with an existing well, barbed-wire fencing, and a visible former homesite.
Where is this agricultural land / farmland located?
The property is located at CR 404 County Rd 404 Loraine, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 200 acres total with 170 acres of dryland cropland and 30 acres of native pasture; Older water well positioned near the former homesite; Barbed‑wire fencing on the property
More about this property
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