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Property profile & analytics
OFF-MARKET
Land

37240 Tx-20 Fort Hancock, TX 79837

98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 98-acre agricultural property in Hudspeth County, Texas, presents a unique investment opportunity. Located at 37240 Texas Hwy 20, Fort Hancock, TX 79837, this farm boasts a thriving alfalfa crop, meticulously maintained with brand new concrete ditches. The property includes substantial steel corrals, ideal for livestock, and a barn/shed for equipment storage. Its strategic location offers convenient access, situated just 7 miles east of Tornillo, TX on Alameda Avenue, and directly adjacent to Highway 20 and the US-Mexico border. The farm's infrastructure includes two domestic wells and one larger well, believed to be electrically operated, although the current owner hasn't utilized the larger well. The alfalfa is currently producing, showcasing the land's fertile potential. This turnkey operation is ready for immediate use, offering a blend of agricultural productivity and strategic location. Zoned for agricultural use, this property is an excellent investment for those seeking a productive and well-maintained farm near the border. The asking price is $833,000.

Property profile
Verified
Property type Land
Lot 98 ac (4,268,880 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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