0 Fm-38 Petty, TX 75446
This exceptional 134.04-acre property presents a unique investment opportunity in Lamar County, Texas. Located on FM 38 in Honey Grove, this expansive tract boasts significant agricultural potential, having been previously utilized for farming. The land is zoned for agricultural use, offering flexibility for various farming operations. A key advantage is the reliable water supply provided by the Lamar County Water District, ensuring consistent irrigation for crops. The property's convenient location on FM 38 provides excellent accessibility. With its substantial size and established agricultural history, this land is ideal for both established farmers seeking expansion and new entrants to the agricultural sector. The property's APN is 90527. The asking price for this remarkable piece of Texas farmland is $1,799,000. This represents a compelling investment in a productive and well-located agricultural asset. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is situated at the address FM-38, Honey Grove, TX 75446, with coordinates 33.603556 latitude and -95.717 longitude.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.