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    100 County Rd Lamesa, TX 79331

    • Land
    • 25.00 lot acres
    For Sale
    View listing
    $144,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 100 County Rd

    Lot size
    25.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 25-acre farm in Dawson County, Texas, presents a unique investment opportunity. Located near Lamesa, this property boasts ideal conditions for cattle grazing, with ample space for livestock. While lacking a water well, water sources are believed to be readily accessible. The land also offers excellent bird hunting potential, making it attractive to outdoor enthusiasts. The property features approximately 690 feet of road frontage on Ranch Road 829. This tract is part of a larger parcel; additional acreage is available for purchase, with the possibility of acquiring a total of 102 acres, including an existing house. Directions from Highway 349: Head north on Ranch Road 829 for approximately 10 miles to County Road E (also known as 829). Go west 0.25 miles on 180, then north on 829 for 7 miles to a dead end. Turn right (east) – the property is on the north side of the road. Priced at $144,000, this is an excellent opportunity to own a productive piece of Texas farmland.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lamesa
    County
    Dawson
    State
    Texas
    Longitude
    -102.1
    Latitude
    32.8139

    Comparable in this City

    • Value Estimation by Request
      52.00 Acres

      County Rd

      Farms • 52.00 Acres
      0 County Rd, Lamesa, TX 79331
      View Details
    • Value Estimation by Request
      25.00 Acres

      County Rd

      Farms • 25.00 Acres
      0 County Rd, Lamesa, TX 79331
      View Details
    • Value Estimation by Request
      0.59 Acres

      Hwy 137th W

      VACANT COMMERCIAL LAND • 540 SF
      Hwy 137th W, Lamesa, TX 79331
      View Details
    • Value Estimation
      $265,000
      1.28 Acres

      Of Gebos

      COMMERCIAL (GENERAL) • 1.28 Acres
      Of Gebos, Lamesa, TX 79331
      View Details
    • Value Estimation
      $250,000
      1.07 Acres

      Big Spg Hwy

      COMMERCIAL (GENERAL) • 1.07 Acres
      Big Spg Hwy, Lamesa, TX 79331
      View Details
    • Value Estimation
      $250,000
      0.89 Acres

      Of Midway

      COMMERCIAL (GENERAL) • 0.89 Acres
      Of Midway, Lamesa, TX 79331
      View Details

    Similar Nearby for Sale

    • $179,000
      25.00 Acres

      County Rd

      Farms • 25.00 Acres
      0 County Rd, Lamesa, TX 79331
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    • $550,000
      52.00 Acres

      Texas Ranch: 52 Acres

      Prime investment: Ranch, home, shops
      0 County Rd, Lamesa, TX 79331
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    • $144,000
      25.00 Acres

      25-Acre Texas Farm for Sale

      Prime Cattle & Hunting Land
      100 County Rd, Lamesa, TX 79331
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    • $129,000
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      25 Acres Old Pecan Farm

      25 acres of land, great for running cows or bird hunting.
      E County Rd, La Mesa, TX 79331
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    • $159,000
      25.00 Acres

      25 Acres with Irrigation Wells

      25 acres in Lamesa, TX, with three irrigation wells.
      E County Rd, La Mesa, TX 79331
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    • $159,000
      25.00 Acres

      25 Acres with Irrigation Wells

      25 acres in Lamesa, TX with irrigation wells.
      County Rd E, La Mesa, TX 79331
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      35,611 SF

      Lamesa Retail Center - High Visibility

      Prime Lamesa retail space, high traffic location.
      2300 Lubbock Hwy, Lamesa, TX 79331
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    • New
      $1,500 /Mo
      1,232 SF

      Lamesa Office Building For Lease

      Well-maintained office building with multiple rooms and ample parking.
      1009 N 7Th St, La Mesa, TX 79331
      View Details
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    100 County Rd
    Lamesa, TX 79331
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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