Property profile

20 Acre Lots Channing, TX 79018

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20 Acre Lots Channing, TX 79018
Channing metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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