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Private Road - WATER WELLS (7) AND FARM

940 Acres of Agricultural Land Offered at $4,500,000 in Stanton, TX 79782

Investment Highlights

  • Farmland
  • Water Wells and Income

Executive Summary

WATER, WATER, AND MORE WATER.
There are SEVEN water wells on the property. Two of the wells have been surveyed out that go to the house and 10 AC, which has been sold. The remainder are irrigation wells that combine to produce over 800 GPM and the owner has a history of water sales. All of the wells have new pumps that were replaced in 2021. Owners will consider selling the water wells separate.
LAND SIZE
The property consists of approximately 940 acres (plus or minus) based on the Glasscock County appraisal district. The GCAD Property ID numbers are 1059, 1060, and 3088.
LOCATION/ACCESS
The ranch is located on Private Road 4915, just south of CR 490. From Stanton, TX go south on Highway 137 to the intersection of FM 307/CR 490 and go east for approximately 3 miles. Take a right on Private Road 4915 for a little over a mile and the improvements are on the right.
ROADS
The property has average caliche roads around the perimeter.
SITE CHARACTERISTICS
This farm is mostly flat to sloping. There are no fences as it is an active farm that is leased year to year to a local farmer. All of the oilfield equipment and wells are slated to be removed.
WILDLIFE & HUNTING
There are dove, hogs, whitetail, as well as varmints typical for the area.
IMPROVEMENTS
The property has no structural improvements as the house and 10 acres has been sold separately.
LEASES & EASEMENTS & GOVERNMENTAL PROGRAMS
There are no active hunting or grazing leases for the property but the property is being farmed by a local farmer.
MINERALS
No minerals will convey.
FINANCING
This farm is being offered for sale via cash or conventional.

Property Facts

Price $4,500,000
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 940.00 AC

1 Lot Available

Lot 0

Price $4,500,000
Price Per AC $4,787
Lot Size 940.00 AC

There are SEVEN water wells on the property. Two of the wells have been surveyed out that go to the house and 10 AC, which has been sold. The remainder are irrigation wells that combine to produce over 800 GPM.

zoning

Zoning Code None (None)
None (None)
  • Listing ID: 29339005

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: Private Road, Stanton, TX 79782

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