83 Tbd Us Hwy Wellington, TX 79095
This exceptional 31.37-acre tract, located four miles north of Wellington, Texas, in Collingsworth County (zip code 79095), presents a unique opportunity for various ventures. The property, legally described as a 31.37-acre portion of Section 39, Block 15, H&GN Ry. Co. Survey, is ideal for building a custom home, establishing horse stables or barns, or launching a new business. With suitable fencing, it could also support small livestock. The land boasts level to rolling topography and sandy loam soil. Abundant wildlife, including whitetail deer, wild hogs, turkey, quail, and dove, thrives in the area due to neighboring irrigated crops and brush cover. All mineral, wind, and solar rights are conveyed to the buyer. While there are no existing wells on the property, suitable sources for domestic and irrigation water are readily available in the immediate vicinity (domestic wells are 70-90 feet deep). Utilities such as Greenlight Gas and Greenbelt Electric are close by, and Red River Authority water lines may be nearby. The property is zoned agricultural and located outside any municipality. A fair four-strand barbed wire fence exists along the eastern and southern boundaries. The Wellington ISD serves the area. Property taxes for 2023 were minimal due to an agricultural value exemption. The asking price is $156,850. Possession is upon closing. No trespassing is allowed without prior authorization. This property is not for rent or lease, and owner financing is unavailable.
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
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.