Technical
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Property profile

0 Seq Hwy 287 & Bell Rd Iowa Park, TX 76367

OFF-MARKET
Land
205.69 ac lot
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Property summary

AI-generated overview

This exceptional 205.69-acre tract presents a rare development opportunity in the thriving Iowa Park area of Wichita County, Texas. Strategically located off US Highway 287, this property enjoys convenient access to the Wichita Falls Metro area, just seven miles away, and is a short 10-mile drive from Sheppard Air Force Base. The property's location offers significant advantages for developers seeking to capitalize on the growing demand for housing and commercial space in the region. Currently zoned for Agricultural use (AG), this expansive parcel allows for versatile development options, including single-family residential, multi-family residential, and even industrial uses, subject to necessary rezoning and approvals. Utilities are available along Bell Road, simplifying infrastructure development. The property's proximity to the DFW Metroplex (a 2.5-hour drive north) further enhances its appeal, providing access to a large and diverse population base. This substantial land holding offers a unique chance to create a significant development project in a rapidly expanding area of Texas. The sheer size and strategic location make this a truly remarkable investment opportunity. Detailed zoning information and development guidelines are available upon request.

Property profile

Verified
Property type Land
Lot 205.69 ac (8,959,856 SF)

Cap rate & NOI

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

Location

Seq Hwy 287 & Bell Rd Iowa Park, TX 76367
Iowa Park metro
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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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