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Property profile & analytics
OFF-MARKET
Land

2772 Plainview Tx 79072 Plainview, TX 79072

205.56 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 205.56 ac (8,954,194 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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