0000 Tx-208 Lk Lake Colorado City, TX 79512
This exceptional 12.83-acre property presents a unique investment opportunity in Colorado City, Texas. Located on Highway 208, this expansive parcel offers unparalleled versatility. Zoned for commercial, farm, and residential use, the possibilities are truly limitless. Imagine building your dream home on this serene land, establishing a thriving hobby farm, or developing a commercial venture. The property's convenient location near Colorado City, Texas, provides easy access to essential amenities and services. Detailed directions are available: From I-20, take exit 216 for TX Hwy 208 towards Snyder/Colorado City. Proceed north on TX Hwy 208 for 2.3 miles. The gated entrance is on the west side of TX-208. The asking price for this remarkable 12.83-acre tract is $160,475. This is a rare chance to acquire a substantial piece of land with diverse development potential in a desirable Texas location. The property's highway frontage adds significant value and visibility. Don't miss this chance to secure your future in this promising area. The property is located in Mitchell County, Texas, with a zip code of 79512.
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.