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    OFF-MARKET
    Land

    20 Acre Lots, Channing, TX 79018

    10 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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