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Property profile & analytics
OFF-MARKET
Land

24 Co Rd Childress, TX 79201

160 ac lot
Property ID
Property summary
AI-generated overview

This 160-acre property in Childress County, Texas, presents a unique opportunity for farming, ranching, and hunting. Located approximately 12.5 miles east-southeast of Childress, the land boasts approximately 125 acres of cultivatable land, ideal for wheat production (124.20 FSA base acres with a PLC yield of 28 bushels), and the remaining acreage is comprised of native grasses, mesquite, and hackberry. The existing six-strand barbed wire fence along the southern boundary provides a solid start for livestock management. While there are no existing improvements, the property's level to slightly sloping topography with terraces makes it suitable for building a home, barns, or other structures. The property includes all mineral rights (subject to a 1/16th royalty interest), wind rights, solar rights, and water rights. While there are no wells on the property, suitable water sources for irrigation and domestic use are nearby. The property is zoned agricultural and located outside any municipality. A deer hunting lease is in place for the 2024-2025 season. 2023 property taxes were $404.89 with an agricultural value exemption. The legal description is: All of the NW/4 of Section 391, Block H, W & NW Ry. Co. Survey, Childress County, Texas. Utilities are not available on-site, but Red River Authority water lines may be nearby. The Childress ISD serves the area. Possession is upon closing, subject to the harvest of any existing crops (1/3 owner & 2/3 tenant crop share on wheat). Hunting blinds and feeders do not convey. No trespassing. Directions: From Childress, take US Hwy 287 southeast for approximately 11 miles to County Road 24, then north for 1.5 miles. The property is on the east side of County Road 24 and south side of County Road Z.

Property profile
Verified
Property type Land
Lot 160 ac (6,969,600 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
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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