Technical
Financial
Distress signals
Property profile

2055 Diamond D Dr Nome, TX 77613

OFF-MARKET
Land
231.5 ac lot
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Property summary

AI-generated overview

This exceptional 231.5-acre tract presents a unique investment opportunity in Beaumont, Texas. Located within the desirable Hardin-Jefferson ISD, this land is part of a master-planned community, Diamond D Ranch, offering 592 planned lots, with 169 already developed and sold. The property boasts underground utilities, a playground with a splash pad, a 20-acre lake, and a 3-acre fishing pond, along with a community pavilion. Future residents will benefit from sewer services provided by Texas Water Utilities (completion within 12-18 months). Situated in Flood Zone X and possessing an Extra-Territorial Jurisdiction (ETJ) exemption, this land is subject only to county regulations, simplifying development. The strategic location, approximately 50 minutes east of Houston's Highway 99, capitalizes on Southeast Texas's booming growth, fueled by over $80 billion in current and planned industrial projects, over $4.5 billion in infrastructure improvements, and over $460 million in commercial and retail developments. The asking price is $6,944,940, representing a compelling $30,000 per acre. This is the last available raw land outside Beaumont that is not in a floodplain, making it an exceptional opportunity for developers seeking a prime location with significant growth potential. The contiguous 600 acres available for 1,950 lots further enhances the investment potential.

Property profile

Verified
Property type Land
Lot 231.5 ac (10,084,140 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2055 Diamond D Dr Nome, TX 77613
Nome metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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