Paragon Realtors Real Estate

000 420Seminole, TX 79360Price: $792,000

  • Price: $792,000
  • Est. Mortgage of $/month
  • 183 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $792,000List Price
  • 160Acreage

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Listed by James Friesen of United Country H5 Auction & Realty ((806) 204-2187)
PRIME 160-ACRE IRRIGATED FARMLAND & DEVELOPMENT OPPORTUNITY - GAINES COUNTY, TEXAS High-yield investment opportunity in West Texas agriculture and land development. This exceptional 160-acre irrigated farm near Seminole offers immediate cash flow from active wheat production plus significant upside potential through strategic subdivision. Investment Highlights: 160 acres of income-producing irrigated farmland with active wheat production Dual county road frontage - rare two-sided access maximizes development potential Turnkey irrigation system in place 12 miles from Seminole Subdivision potential: Divide into 10+ residential lots (10-acre minimum, subject to county approval) Nearby land actively being subdivided - established buyer demand Why This Property? The surrounding area is experiencing active land subdivision with nearby properties successfully being divided and sold. This confirms strong market demand and provides comparable sales for development projects. Multiple Exit Strategies: Hold & Farm: Continue wheat production or lease to operators for steady income Develop & Sell: Subdivide into 10-acre ranchettes following the proven model of nearby successful subdivisions Land Bank: Appreciation play in West Texas corridor with demonstrated subdivision activity Mixed Use: Develop portions while maintaining agricultural exemption on remainder Key Investment Advantages: Two-sided road frontage increases lot values and reduces development costs Flat, buildable terrain minimizes site preparation expenses Agricultural income offsets holding costs during development phase Strong comps from nearby subdivisions validate pricing Clean title with established boundaries This is a rare opportunity to acquire productive farmland with legitimate subdivision potential where the development market is already proven. Multiple paths to profit with reduced market risk.

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 7:31 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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