Current Use by Public Records
- Land
Property Details for 484 Cr-415
- Lot size
- 520.00 lot acres
- Property type
- Land
Description
This exceptional 520-acre tract of land presents a compelling investment opportunity in Reeves County, Texas. Located just outside the thriving town of Pecos, this expansive property offers unparalleled access via County Roads 419, 408, and 415, providing ample road frontage. The property's strategic location near Pecos, a town experiencing significant growth and high demand for housing, makes it perfectly positioned for subdivision into smaller lots suitable for residential or commercial development. The asking price is $1,224,000, translating to $2,353.85 per acre, reflecting the land's considerable value and potential for future appreciation. This substantial acreage provides developers with the flexibility to create a diverse range of projects, catering to the area's growing needs. The property's proximity to Pecos ensures convenient access to essential amenities and services, further enhancing its appeal. This is a rare opportunity to acquire a large parcel of land in a dynamic market, poised for significant growth and development. The property's size and location make it an ideal investment for those seeking to capitalize on the burgeoning real estate market in the Pecos area. The land is zoned for both commercial and residential use.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Verhalen
- County
- Reeves
- State
- Texas
- Longitude
- -103.586
- Latitude
- 31.4371
