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    323 Acres - Wheeler County Lela Tx Usa Shamrock, TX 79079

    • Land
    • 323.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 323 Acres - Wheeler County Lela Tx Usa

    Lot size
    323.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 323-acre property in Wheeler County, Texas, presents a unique investment opportunity. Comprising approximately 243 acres of native pasture and 80 acres of farmable land, it offers diverse uses. The land boasts a water well, power, and a stock tank, enhancing its functionality. The terrain features attractive topography ideal for hunting whitetail deer. Currently under a grazing lease (until April) with hunting rights included, the property provides immediate income potential. Note that portable pens, hunting blinds, and feeders are not included in the sale. Conveniently located one mile north of Lela, Texas, and just one mile north of I-40, access is straightforward. The property's gate is situated on the northwest corner of 3075, at the intersection of 3075 and County Road Z. This versatile property is perfect for those seeking a blend of agricultural potential and recreational enjoyment in a prime Texas location. The asking price is $549,100. The zip code is 79079.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shamrock
    County
    Wheeler
    State
    Texas
    Longitude
    -100.343
    Latitude
    35.2414

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      0.16 Acres

      202 Madden St

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      10.00 Acres

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      1.52 Acres

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      Farmhouse Café

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    Shamrock, TX 79079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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