0 Avenue K Muleshoe, TX 79347
This exceptional 12-acre parcel in Muleshoe, Texas, presents a unique investment opportunity. Located on W Ave K in Bailey County, zip code 79347, this residential land boasts a strategic position adjacent to existing multifamily and residential developments, offering immediate access to established infrastructure and amenities. The property is conveniently situated just two streets away from the high school campus, making it highly attractive for residential development. The land itself is currently undeveloped, offering a blank canvas for future construction. Detailed surveys confirm the absence of flood zones on this property. Surrounding the property to the southwest is undeveloped agricultural land, while land to the south is currently used for agricultural purposes. This provides a buffer and contributes to the overall peaceful character of the location. The asking price for this 12-acre tract is $150,000. Ownership is held by Rosedale International and the property is offered for sale by owner. This is a rare opportunity to acquire a sizable residential lot in a growing Texas community. The property's proximity to schools and existing development makes it ideal for a variety of residential projects. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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.