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    Land

    2216 Agua Dulce Dr, Midland, TX 79705

    2.05 ac lot
    Property ID
    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
    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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