2772 Plainview Tx 79072 Plainview, TX 79072
This exceptional 205.56-acre farm in Hale County, Texas, presents a unique investment opportunity. Located at 2772 FM 784, Plainview, TX 79072, this property boasts a fully fenced perimeter, ideal for various agricultural uses. Currently benefiting from a recently renewed Conservation Reserve Program (CRP) lease, this land offers immediate income potential. A functional cow well, approximately eight years old, is situated on the property, providing a reliable water source. The strategic location offers proximity to wind generators across the road, indicating potential for future energy-related opportunities as part of a wind generator cooperative. While a house exists on a separate parcel and is not included in this sale, the expansive acreage offers ample space for grazing, farming operations, or the development of a custom estate. The asking price for this versatile property is $339,500. Buyers should conduct their own due diligence to verify all property details and potential uses. This is a remarkable opportunity to acquire a substantial tract of land in a desirable Texas location with existing infrastructure and income potential. The property is sold as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.