Residential Income

Farwell, TX Residential Income Properties for Sale

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Texico, NM Clovis, NM Bovina, TX Portales, NM Muleshoe, TX Friona, TX
Highway-Fronting Warehouse Building
Updated: May 12
Highway-Fronting Warehouse Building

601 Avenue A, Farwell, TX 79325

$199,500
4,000 sqft
4,000 SF warehouse building on Highway 84 in a border town
Convenient highway frontage with daily passing traffic
Option to purchase alongside a behind‑the‑building apartment complex that is 95% occupied
Apartment complex purchase is available only together with the commercial building, not separately
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Farwell, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Portales Multifamily Investment Opportunity
Portales Multifamily Investment Opportunity

501 S Avenue G, Portales, NM 88130

$450,000
4,872 sqft

Three duplexes near ENMU campus, fully remodeled and occupied.

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Renovated Six-Unit Apartment Building
Renovated Six-Unit Apartment Building

1000 ASH St, Clovis, NM 88101

$499,900
0.32 AC lot

Updated interiors, individually metered utilities, and direct access to Hillcrest Park distinguish this multifamily property.

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Renovated 6-Unit Apartment Building
Renovated 6-Unit Apartment Building

1000 Ash Street, Clovis, NM 88101

Contact for pricing
4,950 sqft

Six fully stabilized residential units feature 2019 roof improvements and recent interior updates, with utilities individually metered.

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22-Space RV & Mobile Home Park
22-Space RV & Mobile Home Park

746 S Roosevelt Rd R 1/2, Portales, NM 88130

$454,000

Developed park with utility-served sites, rental homes, and additional acreage for horses or livestock.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Farwell, TX 10-Acre Lots
Farwell, TX 10-Acre Lots

Farewell Farms, Farwell, TX 79325

$45,000
10.00 AC lot

10-acre lots near Farwell, TX, owner financing available.

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Muleshoe, TX 10-Acre Lots
Muleshoe, TX 10-Acre Lots

Muleshoe Farms, Muleshoe, TX 79347

$48,500
10.00 AC lot

10-acre lots near Muleshoe, TX, owner financing available.

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Farwell, TX Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Farwell, TX on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $199,500.

Sale prices for residential income properties in Farwell, TX average $199,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 2,204
Population Growth (5Y) -6.7%
Median Household Income $62,415
College Educated 22.5%

High-Yield Neighborhoods for Investment

Identify Farwell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
79325 $199.5K

Taxes & Financing

Tax Rate (average for all types) 2.37%
Property Tax per SF $25.84 per SF
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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