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Property profile & analytics
OFF-MARKET
Land

0 Us-83 Wellington, TX 79095

28.73 ac lot
Property ID
Property summary
AI-generated overview

This 28.73-acre tract of agricultural land, located four miles north of Wellington, Texas, presents a unique opportunity. Zoned for agricultural use, this level-to-rolling property boasts sandy loam soil and is ideally suited for building a custom home, horse stables, or other structures. The property includes all mineral, wind, and solar rights, and while lacking on-site water wells, suitable sources are readily available in the immediate vicinity (domestic wells are 70-90 feet deep in the area, and irrigation wells are on the adjacent property). Existing fencing includes a new high fence to the north and four-strand barbwire along the eastern boundary. Utilities such as Greenlight Gas and Greenbelt Electric are nearby, and Red River Authority water lines may also be accessible. The property is located within the Wellington ISD and benefits from minimal property taxes due to an agricultural value exemption. Abundant wildlife, including whitetail deer, wild hogs, turkey, quail, and dove, are prevalent in the area due to neighboring irrigated crops and brush cover. The legal description is 28.73-acre tract out of Section 39, Block 15, H&GN Ry. Co. Survey, Collingsworth County, Texas. The property is offered at $143,650 and is available for immediate possession upon closing. No hunting or grazing leases are in place. This is one of two tracts divided by a road

Property profile
Verified
Property type Land
Lot 28.73 ac (1,251,479 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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