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Property profile & analytics
OFF-MARKET
Land

120 Crk 424 Pecos, TX 79772

18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18-acre property, located in Reeves County, Texas, presents a unique investment opportunity. Situated just 6.35 miles north of Pecos at the intersection of FM 1216 and County Road 424, this land boasts a strategic location within the heart of the Delaware Basin. Priced at $180,000 ($10,000/acre), it offers diverse development potential. Its ideal position makes it well-suited for a variety of uses, including a fresh water station serving the thriving energy industry, a man camp providing accommodation for the regional workforce, or a secure facility for equipment storage. The property's address is 120 CR 424, Pecos, TX 79772. This location offers easy access to major transportation routes and is poised to benefit from the continued growth of the Pecos region and the Delaware Basin's energy sector. The property's versatility and strategic location make it an attractive investment for those seeking exposure to the dynamic economic activity in West Texas. This is a rare opportunity to acquire a significant land parcel in a high-demand area.

Property profile
Verified
Property type Land
Lot 18 ac (784,080 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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