Property profile

2216 Agua Dulce Dr Midland, TX 79705

OFF-MARKET
Land
2.05 ac lot
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Property summary

AI-generated overview

This exceptional 2.045-acre parcel in Midland, Texas (APN: 00381-00035-00900-000000), presents a unique investment opportunity. Located at 2216 Agua Dulce Dr, Midland, TX 79705, this property is part of a brand-new development ideally suited for a mix of commercial and residential uses. Priced at $132,925, it offers owner financing with a 10% down payment and a 15% interest rate, making it highly accessible. The land is priced at $65,000 per acre. This versatile location is perfect for small industrial yards and homesites, with mobile homes permitted. Water availability is estimated at 20 gallons per minute. The property is subject to a $600 annual HOA fee per lot, which covers the maintenance of a 5-acre reserve area to ensure water access. Specific restrictions apply, including setbacks (10' from boundaries or ROW, 50' for septic systems), prohibitions on commercial water sales/SWDs, animal feedlots, junk lots, abandoned equipment, and hazardous waste. Limited RV parking (max 2 per acre) and temporary units (1 job trailer/mobile office/mobile home per tract) are allowed. No mancamps or RV parks are permitted.

Property profile

Verified
Property type Land
Lot 2.05 ac (89,080 SF)

Cap rate & NOI

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

Location

2216 Agua Dulce Dr Midland, TX 79705
Midland 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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