Residential Income

Farwell, TX Residential Income Properties for Sale

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Texico, NM Clovis, NM Bovina, TX Muleshoe, TX Portales, NM
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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Farwell, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

Income-Producing Triplex
Income-Producing Triplex

1800 E 6th Street, Clovis, NM 88101

$249,000
4,119 sqft

Three-unit triplex with separate unit layouts and current monthly rental income.

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Live-Work Property with Two-Bed Home
Live-Work Property with Two-Bed Home

212 N Main Street, Hereford, TX 79045

$220,000
4,000 sqft 1.15 AC lot

Combination commercial space and 2-bedroom, 2-bath residence on 1.15 acres in Hereford.

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

1000 Ash Street, Clovis, NM 88101

$549,900
4,950 sqft

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

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Hereford Multifamily Investment Opportunity
Hereford Multifamily Investment Opportunity

1107 Caprock Street, Hereford, TX 79045

$1,100,000

Eight-unit multifamily property in Hereford, Texas, fully leased.

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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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Land Available in Hereford, TX
Land Available in Hereford, TX

CO RD 7B, 7C, and 7D, Hereford, TX 79045

Contact for pricing
2.66 AC lot

Unrestricted land lots suitable for home, shop, or grazing.

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Hereford TX Land For Sale
Hereford TX Land For Sale

E 15th Street, Hereford, TX 79045

$189,900
2.36 AC lot

Land with multi-family zoning near Aquatic Center and local amenities.

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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%

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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