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$6,500,000

NAL Estimated Property Value

Lot 1 W Lake Road Road, Hawley, TX, 79601

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About this property

Rare opportunity to own 176+ acres located within the city limits, offering exceptional potential for development, investment, or mixed-use projects. This versatile, unrestricted property provides maximum flexibility with no known zoning or use limitations. The land features a large tank and approximately 10+ acres of tillable ground, adding both functionality and natural appeal. City water and electricity are available, making this tract development-ready. The property can be subdivided, allowing for residential, commercial, or industrial use. Its location adjacent to an energy company further enhances its potential for a wide range of ventures. With its strategic in-town location, utility access, and lack of restrictions, this property presents a unique opportunity for investors and developers seeking growth and flexibility. Paved frontage. This property is minutes from I-20, Lake Fort Phantom, dining, shopping and local colleges. Call for a private showing today.

Investor Tools

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$6,500,000
Estimated Property Value
$0Estimated Mortgage Balance
$6,500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$39,000 /month
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Cash Flow Estimate:
$13,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Hawley

Lot 1 W Lake Road Road | Property Details | No Agent List