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Alice,TX 78332
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision Scotts
MLS Listing ID 466596
HOA Y/N No
Year Built 1900
Lot Size 769.870 Acres
Acres 769.87
Property Sub-Type Farm
Property Description
Selling 770 contiguous acres of South Texas Coastal Bend farm ground. Immediately North of FM 665 adjacent to the Jim Wells County / Nueces County line. This farm has a solid history of primarily cotton and grain production. The land is mostly level, with a topographical overlay showing only slight elevation changes (within a range of 5') across the field. Soil profiles consist of all fine sandy loam classifications. All tracts have individual agricultural exempt status for county tax valuations. This acreage has only one one pipeline ROW, (which is decommissioned) and no history of oil field activity. This acreage offers over 7900' of FM 665 road frontage. There is additional county road frontage on two sides, offering over 650' of CR 336 on the west side of the acreage and over 2600' of frontage on CR 107 to the east. This acreage should be appealing to producers as large contiguous parcels like this one are scarce these days. Investors and section 1031 buyers should find this an attractive possibility given that US farmland has a long track record of price appreciation with very little volatility, making it an outstanding long term investment. A well established long term tenant farmer is in place that pays attractive annual income via a sharecropping lease. Last but not least this tract has OUTSTANDING dove hunting!!
Location
State TX
County Jim Wells
Interior
Interior Features None
Flooring Other
Fireplace No
Laundry None
Exterior
Parking Features None
Utilities Available Septic Available
Roof Type Other
Present Use Agricultural
Building
Lot Description Agricultural,Level
Foundation Other
Sewer Septic Needed
New Construction No
Schools
Elementary Schools Alice
Middle Schools Alice
High Schools Alice
School District Alice Isd
Others
Tax ID 030236
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/cor/466596