2085 Agua Dulce Dr Stanton, TX 79782
This exceptional 3.169-acre property in Stanton, Texas (Martin County, zip code 79782), presents a unique investment opportunity. Located at 2085 Agua Dulce Drive, this land is zoned for both commercial and residential use, ideal for small industrial yards and homesites. The asking price is $205,985, offering owner financing with a 10% down payment and 15% interest. This represents approximately $65,000 per acre. The property boasts access to water (20 gallons per minute) and is part of a brand-new development addressing the need for such spaces in the Permian Basin. While mobile homes are permitted, there are restrictions in place, including mandatory HOA fees of $600 per lot annually. These fees cover property taxes and maintenance of a 5-acre reserve, serving as an alternative water source if needed. Specific setbacks apply (10' from boundaries or ROW, 50' for septic systems). Further restrictions include prohibitions on commercial water sales/SWDs, animal feedlots, junk lots, abandoned equipment, and hazardous waste. Mancamps and RV parks are not allowed; however, a maximum of two RVs per acre or one job trailer/mobile office/mobile home per tract is permitted. The APN is 00381-00035-00490-000000.
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
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Property description
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Risks
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