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Property profile & analytics
OFF-MARKET
Land

0 Fm 3298 Powderly, TX 75473

37.44 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 37.44 ac (1,630,886 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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