Current Use by Public Records
- Land
Property Details for 204 Co Rd
- Lot size
- 835.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 835-acre property in Reeves County, Texas, presents a remarkable development opportunity. Strategically located just 0.5 miles from Interstate 20 and 2.5 miles from Pecos, this expansive tract boasts convenient access via County Roads 204 and 205, and also via Interstate 20 or Highway 17. A preliminary subdivision plan is already in place, dividing the land into 56 lots ranging from 10 to 42 acres each, simplifying the development process. The property's potential is further enhanced by the presence of several old irrigation wells, indicating the existence of good water in the area. Electricity is readily available along County Roads 204 and 205, extending to a portion of the northwest property boundary. This turnkey opportunity is priced at $3,500,000 and is offered for individual ownership. The property is zoned for commercial and farm use. This is an ideal investment for developers seeking a prime location with existing infrastructure and a well-defined plan for future development. The property's proximity to major transportation routes and the city of Pecos makes it an attractive location for residential or commercial development. The existing subdivision plan provides a significant head start for any prospective buyer.
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
- Pecos
- County
- Reeves
- State
- Texas
- Longitude
- -103.559
- Latitude
- 31.3944
