2937 Atasco Dr Stanton, TX 79782
This exceptional 3.432-acre commercial and residential land parcel presents a unique investment opportunity in Stanton, Texas, near Midland. Located at 2937 Atasco Drive, Martin County, TX 79782 (APN: 003810003500420), this property offers versatile usage potential. Priced at $154,440, it's also available with owner financing, requiring only a 10% down payment and a 15% interest rate. The asking price equates to approximately $45,000 per acre. This brand-new development is ideal for small industrial yards and homesites, catering to the needs of the Permian Basin. Water availability is estimated at 20 gallons per minute. Mobile homes are permitted. Note that mandatory annual HOA fees are $600 per lot. The HOA will manage a 5-acre reserve for potential future water needs and will be responsible for property taxes. Specific restrictions apply, including setbacks (10' from boundaries or ROW, 50' for septic systems), prohibitions on commercial water sales/SWDs, animal feedlots, junk lots, abandoned equipment, and hazardous waste. Mancamps are prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.