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Property profile & analytics
OFF-MARKET
Land

83 Tbd Us Hwy Wellington, TX 79095

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
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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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