0 Fm 3298 Powderly, TX 75473
This exceptional 37.44-acre tract presents a unique investment opportunity just north of Paris, Texas, in Powderly. Located on FM 3298 in Lamar County, this property boasts convenient access to Highway 271 North and is within walking distance of North Lamar ISD. The land is currently Ag Exempt, offering significant tax advantages. Utilities include cooperative electric and water services. The property features a perimeter fence, predominantly sandy soil, native grasses, scattered mature oak trees, and a small pond. With no restrictions, this versatile land is ideal for a variety of uses, including residential development, subdivision, spec homes, or even a mobile home community. Its proximity to amenities, city services, Pat Mayse WMA, and Grant Choctaw Casino adds to its appeal. The asking price is $561,600. This is a rare chance to acquire a sizable, well-located tract with significant development potential. Bring your vision and capitalize on this exceptional opportunity.
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
Similar Nearby for Sale
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.