Land
1344 TERRACE Street, Pampa, TX 79065-4754
Pampa, Gray County 79065-4754
$65K
$500,000 per acre
Total Acres
0.13 acres
Price per Acre
$500,000
Location
Pampa, Gray County
Property Photos
12 photos from the MLS
About This Property
Investor Special with Tons of Potential! This 3-bedroom, 1-bath home sits on a corner lot and offers a great opportunity for investors, flippers, or buyers looking for a project. The home features a mini-split system for heating and cooling, and all appliances will convey with the sale. Outside, you'll find an older garage/workshop that provides additional storage or workspace possibilities. An extra-long driveway offers plenty of room for RV parking, boat storage, additional vehicles, or trailers. While the property needs some TLC, the potential is there to make it shine again. Being sold AS-IS and priced accordingly. Cash buyers only. Don't miss your chance to turn this property into something special!
MLS# 26-4805 · Listed by Copper Plains Realty, LLC · Fay Webb
Evaluating This Property
Use this checklist on 1344 TERRACE Street, Pampa, TX 79065-4754 before you write an offer. Taylor walks buyers through the same fundamentals on every serious Panhandle ranch.
Water
Confirm stock tanks, wells, windmills, creeks, and drainage. In the Panhandle, water reliability drives both daily use and long term value.
Terrain
Match rolling mesa country, draws, creek bottom, or open grassland to your plans for cattle, recreation, or a mixed use ranch.
Access
Review county road frontage, deeded easements, gates, and interior roads. Weak access slows operations and can affect resale.
Fencing
Estimate perimeter and cross fence condition in miles, not feet. Rebuild costs add up fast on large Panhandle tracts.
Improvements
Price homes, barns, pens, blinds, and feeders against what you will keep versus replace after closing.
Neighboring Land
Look at adjacent use, boundary clarity, and shared infrastructure. What neighbors do affects habitat, privacy, and operations.
Minerals and Easements
Confirm what transfers with surface ownership and whether pipelines, power lines, or other easements cross the ranch.
County Context
Compare price per acre to recent sales in the same county with similar water and improvements. Acreage is not priced equally block by block.
Exclusive to Cox Land & Ranch
Fly This Property Before You Offer
At 0.13 acres near Pampa, Gray County, ground tours only show part of the story. Taylor can arrange a helicopter tour for qualified buyers to survey this property from above.
From the air you will see terrain, water, fencing, access roads, and neighboring context. That clarity helps you decide faster and write a cleaner offer when the ranch is the right fit.
Due Diligence
Questions to Ask Before You Offer
Bring these to your conversation with Taylor and the seller. Solid answers reduce surprises after contract.
Beyond the Purchase
Related Cox Land & Ranch Services
Buying is one step. These services help you operate the ranch or share ownership after closing.
After Closing
Ranch Management
Full service land stewardship in the Texas Panhandle: property upkeep, water management, wildlife coordination, habitat work, and seasonal reporting so the ranch improves from day one.
Explore Ranch ManagementShared Ownership
Partial Ranch Ownership
Join a small owner group on a quality Panhandle ranch. Split purchase cost, share scheduled access, and let Cox Land & Ranch Management handle the land while you enjoy the property.
Learn About Partial OwnershipMore Panhandle Ranches
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