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133 Horseshoe Bnd

0.75 Acres of Commercial Land Offered at $199,000 in Stephenville, TX 76401

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Executive Summary

PRICE REDUCED. This is an opportunity to own a 376 foot deep well on the 2nd Trinity River. Built in 1986, this well generates $2,500/month and has 48 taps, charging $53/month/tap as opposed to metering which would at least double the income. Expenses include $400/month for testing, $100/month CAM, and $42/month submersible pump replacement savings plan.

Property Facts

Price	$199,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial
No. Lots	1	Total Lot Size	0.75 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$199,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	0.75 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$199,000	Lot Size	0.75 AC
Price Per AC	$265,333

Price	$199,000
Price Per AC	$265,333
Lot Size	0.75 AC

This is an opportunity to own a 376 foot deep well on the 2nd Trinity River. Built in 1986, this well generates $2,500/month and has 48 taps, charging $53/month/tap as opposed to metering which would at least double the income.

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