9024 Fm 64 Pecan Gap, TX 75469
Exceptional investment opportunity awaits with this 83.166-acre agricultural land parcel in Pecan Gap, Texas. Located at 9024 FM 64, Delta County, this fee simple property (APN: 4575, 4573, 4564) is currently under cultivation, producing multiple crops including cotton, and benefits from an agricultural tax exemption. The unrestricted zoning allows for diverse development possibilities, including continued agricultural use, residential expansion, or commercial ventures. Conveniently situated with direct access from Hwy 64 and CR 3430, this property offers a unique blend of rural charm and strategic location, approximately 1.5 hours from the Dallas-Fort Worth Metroplex. The asking price of $699,000 presents a compelling buy-and-hold opportunity for investors seeking long-term value and growth potential in a rapidly developing area. This prime land presents a rare chance to capitalize on the burgeoning residential and infrastructure improvements underway nearby. The property's rich history as a former homestead adds to its unique appeal. Don't miss this chance to own a piece of Texas's vibrant agricultural landscape and secure a promising future investment.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.