0 Miles Rd Dumas, TX 79029
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.