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Property profile & analytics
OFF-MARKET
Land

0 Sunray Tx 79029-1163 Dumas, TX 79029-1163

956 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 956-acre property in Moore County, Texas, presents a compelling investment opportunity. Located southwest of Sunray, near the Valero Oil Refinery, this land boasts approximately 270 acres of irrigated land (28% of the total acreage), served by four wells with a combined capacity of approximately 850 GPM. Irrigation infrastructure includes a Valley 1 1/2 mile sprinkler (needing repair), a Valley 15 tower sprinkler (in good condition), and various engines and pumps (including one well needing a submersible pump). Water rights cover approximately 180 acres on the west parcel. The property is easily accessible, located 5 miles south of Sunray, TX on FM 119, then north on Lighthouse Rd. The asking price is $2,800 per acre, totaling $2,676,800. Well details include: MO-1091 (12/1968, 492', needs pump), MO-0437 (10/1962, 515'), MO-0550 (10/1963, 496'), and MO-0995 (01/1967, 505'). One electric well is powered by a CAT gen-set, while three others utilize natural gas engines. This prime location offers significant potential for agricultural production and industrial synergy due to its proximity to the refinery. The property's existing infrastructure and ample acreage provide a solid foundation for future development and investment.

Property profile
Verified
Property type Land
Lot 956 ac (41,643,360 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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