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