001 County Rd 57, Unincorporated TX, 99999

Sold

001 County Rd 57

Unincorporated TX, 99999

Price upon request

Sold

4,970 Acres

Land

This is a NNN investment, this expansive 5,000 acre farm is currently leased on a 7 year lease with 5 years left with NNN terms. The current tenant pays $850,000/year. The owner pays for the property taxes of approximately $8,000/year. There is a possibility for additional income by leasing the hunting rights by about $25,000/year. The property has 23 pivots that are functioning and in use on approximately 3,700 acres of the total farm land. There are 90 operating wells out of 100 total wells on site. There are no oil rights. The property is located West of Lubbock, TX, approximately 62 miles.

852324

MLSⓇ ID

September 20, 2021

Listed

February 11, 2024

Updated

Map

001 County Rd 57
Unincorporated TX, 99999

Exterior/Building Features

Lot Size: 4,970 Acres
Sewer: Unknown

Other Property Details

Taxes: $2,021
Tax Frequency: Annually
Days on Market: 95
Garage: No
View: No
County: Unincorporated
Water Source: Well
Pool: No
Zoning: RF
Buyer Agency Compensation: 2%

Courtesy of Juan Uribe with Team Juan Uribe
Listing Contact:

Based on information from the Greater El Paso Association of REALTORS® as of 2/11/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.