Tracy Maxwell
Capitol Ranch Real Estate, LLC
UNIQUE OPPURTUNITY! Land and Mineral Production! TOTAL PRICE $952,000;includes both land and oil production. LAND 160 acres valued at $3,950 per acre. OIL PRODUCTION: Valued at $320,000; 4x annual revenues. This property offers 160 acres of developed pasture land, perfect for hunting, with 100% working interests and operations in 3 oil wells and 1 injection well, included. Family owned for over 100 years, this land features oak groves, mature mesquite trees, 3 tanks, and fencing on all sides. The grass is leased for cattle and the land is leased for hunting, bringing in additional revenue streams. Additional amenities include a rural water meter and on site electricity.
Directions: From Breckenridge, Head north onto Hwy 183 N for 22 miles. Go through Woodson and take a right onto Fm 1710. Go down that paved road a couple of miles and turn left onto CR 334. Property is located on the left a couple of miles down and continues on around the curve. Look for sign
Tracy Maxwell
Capitol Ranch Real Estate, LLC
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Listed By: Jeannine Herrington of H Bar Realty