24387 Echo Rd Study Butte-Terlingua, TX 79852
This exceptional 20-acre commercial land parcel presents a unique investment opportunity in the picturesque town of Terlingua, Texas, located in Brewster County. Situated at 24387 Echo Rd, zip code 79852, this property offers breathtaking desert landscapes and the potential for a variety of commercial ventures. The asking price is $30,000, translating to a land value of $1,500 per acre. This represents a compelling entry point into the Texas commercial real estate market. The property's expansive size provides ample room for development, allowing for creative and flexible use. Its location in the desirable Study Butte-Terlingua area offers a blend of tranquility and accessibility. The property is ideal for those seeking an off-grid lifestyle or looking to capitalize on the growing interest in unique desert properties. Owner financing is a possibility, with a proposed plan involving a $12,000 down payment, a 10.5% interest rate, and monthly payments of $386.89. This presents a flexible acquisition option for qualified buyers. The property's latitude and longitude coordinates are 29.4020243 and -103.682586 respectively. Serious inquiries are encouraged to explore this remarkable opportunity.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.