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Property profile & analytics
OFF-MARKET
Land

0 Avenue K Muleshoe, TX 79347

12 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 12 ac (522,720 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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