Address
001 County Rd 57 Unincorporated, TX
Price
$ 15,000,000
Property Attributes
  • MLS#852324
  • TypeLand
  • CountyUNINCORPORATED
  • CityUnincorporated
  • NeighborhoodNot In Subdivision
  • Zip99999
  • StyleAgricultural
  • Taxes$ 2021
  • Price$ 15,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4970 Acres
Listing Provided Courtesy Of:
Team Juan Uribe
Data Source:
Greater El Paso Association of REALTORS® (GEPAR) - 70 - TX
Property Description

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.

Price History
9/20/2021 Listed $15,000,000

General Features

Features See Remarks
Property SubType Sale
Property Type C
Sewer Unknown
Subdivision Not In Subdivision
Topography Mostly Level
Type Agricultural
Utilities Electricity Available, See Remarks
Water Well
Zoning RF

Exterior Features

General Access See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 99999

Price
AVG $8.01M
$15M
Visits
AVG 763
14

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