2134 Agua Dulce Dr Stanton, TX 79782
This exceptional 3.31-acre commercial and residential land parcel is situated at 2134 Agua Dulce Drive, Stanton, TX 79782, within Martin County. Priced at $165,650, this property offers owner financing with a 10% down payment and a 15% interest rate. The land is part of a brand-new development ideal for small industrial yards and homesites, catering to the needs of the Permian Basin. Each acre is priced at $50,000. Water availability in the area is estimated at 20 gallons per minute. Mobile homes are permitted. Annual mandatory HOA fees are $600 per lot. The HOA will maintain five acres of land and will serve as an alternative water source should scarcity arise. Specific restrictions apply, including setback lines of 10 feet from boundaries or rights-of-way, septic system placement at least 50 feet from property lines, and prohibitions against commercial water sales, saltwater disposal wells, animal feedlots, junk lots, abandoned equipment, hazardous waste, and mancamps. A maximum of two RVs per acre or one job trailer/mobile office/mobile home per tract is allowed. This versatile property presents a unique opportunity for diverse development within a well-defined framework.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.