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Property profile & analytics
OFF-MARKET
Land

0 Miles Rd Dumas, TX 79029

0.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.5-acre commercial lot is situated in Dumas, Texas, conveniently located three miles north of Dumas and one-half mile east on FM 119, south of the Pheasant Trails Golf Course. Priced at $54,000, this property offers a unique investment opportunity. The land boasts access via caliche roads (provided by the seller). Water access is ensured through a public water system permitted by the Texas Commission on Environmental Quality. While there are property restrictions (available upon request), the property allows for new double-wide trailers. Used trailer houses and new single-wide trailers are restricted. Attractive owner financing is available with a 20% down payment, a 10-year term, and a 14% interest rate. Buyers should note that they are responsible for septic, survey, and, for some lots, electric line costs. This property presents a compelling blend of convenience, infrastructure, and flexible financing options, making it an ideal investment in a desirable Texas location. The property is located in Moore County, Texas, zip code 79029.

Property profile
Verified
Property type Land
Lot 0.5 ac (21,780 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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