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Property profile & analytics
OFF-MARKET
Land

7632 Road Sunray, TX 79086

960 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 960-acre property near Sunray, Texas, presents a compelling investment opportunity in agricultural land. Located east of Sunray in Moore County, the property boasts approximately 680 acres of irrigated land, representing 70.83% of the total acreage. The robust irrigation system includes five irrigation wells with a combined capacity of approximately 1,150 gallons per minute (GPM), yielding a GPM/wet acre rate of 1.69. Irrigation infrastructure consists of two 1 ¼-mile T&L sprinklers (one a 1996 model, the other a 1980 model), one 1 ½-mile T&L sprinkler (1993 model), four turbine pumps with gearheads, one submersible pump, three Chevy 350 engines, and one Chevy 454 engine. A domestic well with a submersible pump is also included. The property features a well-maintained 2020 model doublewide trailer home offering four bedrooms and two bathrooms. Three-phase electricity runs along the east boundary. Access is via FM Hwy 281, Bain Co. Rd, and a short drive south. The asking price is $3,696,000, or $3,850 per acre. This property offers significant irrigated acreage, robust irrigation infrastructure, and modern improvements, including comfortable living accommodations.

Property profile
Verified
Property type Land
Lot 960 ac (41,817,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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