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Property profile & analytics
OFF-MARKET
Land

2 County Road 15220 Deport, TX 75435

145 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 145-acre agricultural property presents a compelling investment opportunity in Lamar County, Texas. Located southeast of Paris, Texas, near Deport (zip code 75435), this productive farmland boasts a mix of Class II and Class III soils, comprised of both clay and loam. A significant advantage is the presence of Mustang Creek traversing the northeast portion of the land. Currently leased on an annual basis at an attractive rate, the tenant is open to negotiating a longer-term lease agreement, providing immediate income potential for the new owner. This high-yield farm is ideally suited for row crop cultivation. Note that this 145-acre tract is available for purchase in conjunction with an adjacent 185-acre tract, offering a combined 330 acres for those seeking a larger-scale operation. The property's address is Tract 2 County Rd 15220. The asking price for this remarkable agricultural investment is $601,750. This property is perfect for investors seeking a stable income stream and long-term growth potential in the fertile lands of Northeast Texas. The coordinates are 33.5756 latitude and -95.3327 longitude.

Property profile
Verified
Property type Land
Lot 145 ac (6,316,200 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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