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Property profile & analytics
OFF-MARKET
Land

124 Tbd County Rd Verhalen, TX 79772

680 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 680-acre commercial land parcel presents a rare investment opportunity in Reeves County, Texas. Located near Verhalen, TX, this property boasts a prime location within easy driving distance of both Balmorhea, Texas, home to the world's largest spring-fed swimming pool, and Pecos, Texas, renowned for hosting the world's first rodeo. The property is zoned RURAL, offering a wide range of potential development options. Its expansive size and untouched nature provide a blank canvas for creative visionaries. Whether your plans involve a residential community, recreational development, or a unique commercial venture, this land offers the scale and strategic location to support ambitious projects. The property's proximity to established attractions enhances its appeal and potential for future growth. With its vast acreage and unparalleled setting in West Texas, this is an exceptional opportunity to acquire a significant land holding with immense potential. The asking price is $1,836,000. The address is TBD County Road 124, Verhalen, TX 79772.

Property profile
Verified
Property type Land
Lot 680 ac (29,620,800 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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