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Property profile & analytics
OFF-MARKET
Land

0 Texas St Hale Center, TX 73949

800 ac lot
Property ID
Property summary
AI-generated overview

This 800-acre ranch in Texas County, Texas, presents a unique investment opportunity. Located near Texhoma, TX, with a 73949 zip code and accessible from County Road V, the property boasts a consistent income stream from a Conservation Reserve Program (CRP) contract covering 548.38 acres, generating $15,832 annually ($29.14/acre) through 2031. Beyond the CRP land, approximately 235 acres of native grass provide additional grazing potential, with further grazing possibilities on the CRP land when permitted by the contract. Improvements include a 40' x 60' Quonset hut shop featuring a concrete floor, large shop doors, and windows. A water well is situated near the existing house, which is currently uninhabitable but holds potential for renovation. A second stock well in the pasture requires either a new windmill tower or conversion to solar power. The property's address is listed as Texas St, Hale Center, TX. This property offers a blend of income-generating land and potential for future development, making it an attractive investment for those seeking a rural Texas ranch.

Property profile
Verified
Property type Land
Lot 800 ac (34,848,000 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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