Description
Welcome to a rare opportunity to own a versatile 1,283-acre ranch offering a unique combination of agricultural potential, residential income, and long-term investment security. This property is ideally located with highway frontage and features a diverse landscape, extensive water infrastructure, and multiple homes all backed by steady income from CRP enrollment and a cell tower lease. Land & Water Features 1,283 total acres of mixed-use land 761.14 acres enrolled in the Conservation Reserve Program (CRP) through September 2031, providing stable passive income of $29,019/annually " East Section includes: 6 irrigation wells Extensive underground water lines Playa lake Electric service " West Section includes: 4 irrigation wells Full underground line connections One well owned by a gas company near County Road 7 " Recent fencing installed on parts of the property Utilities & Infrastructure: " Numerous wells throughout for irrigation and domestic use " Underground gas tank near the barn (not in use) " Electric service available across the property Residential Improvements: Rental Home (Located Along Highway) " 4 bedrooms, 2 bathrooms " Metal roof " Floor furnace and window unit cooling " 1 domestic well " Storage shed " Rental income currently at $400/month with room for increase Hilltop Home " 3 bedrooms, 2 bathrooms + office " Pier and beam foundation | Slab foundation " Metal roof and basement " Central heating and air with natural gas " Septic system Barn & Outbuildings: " Fully insulated barn with concrete floor " Equipped with 220V electric " Includes a sink and toilet " Underground gas tank nearby (not in use) Income Streams: " Cell tower lease: $900/month " CRP income: Contracted through 2031- $29,019/Annually " Rental home: Currently rented at $400/month with potential for market adjustment. " Current Cattle Lease Remarks: This property offers outstanding value and utility for ranchers, investors, or anyone seeking a large-scale land holding with established infrastructure and diverse revenue sources. Whether you're looking to expand your operation or secure a long-term investment with income potential, this ranch checks all the boxes.
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3BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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2,857SQFT
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$808$/SQFT
School Ratings & Info
Description
Welcome to a rare opportunity to own a versatile 1,283-acre ranch offering a unique combination of agricultural potential, residential income, and long-term investment security. This property is ideally located with highway frontage and features a diverse landscape, extensive water infrastructure, and multiple homes all backed by steady income from CRP enrollment and a cell tower lease. Land & Water Features 1,283 total acres of mixed-use land 761.14 acres enrolled in the Conservation Reserve Program (CRP) through September 2031, providing stable passive income of $29,019/annually " East Section includes: 6 irrigation wells Extensive underground water lines Playa lake Electric service " West Section includes: 4 irrigation wells Full underground line connections One well owned by a gas company near County Road 7 " Recent fencing installed on parts of the property Utilities & Infrastructure: " Numerous wells throughout for irrigation and domestic use " Underground gas tank near the barn (not in use) " Electric service available across the property Residential Improvements: Rental Home (Located Along Highway) " 4 bedrooms, 2 bathrooms " Metal roof " Floor furnace and window unit cooling " 1 domestic well " Storage shed " Rental income currently at $400/month with room for increase Hilltop Home " 3 bedrooms, 2 bathrooms + office " Pier and beam foundation | Slab foundation " Metal roof and basement " Central heating and air with natural gas " Septic system Barn & Outbuildings: " Fully insulated barn with concrete floor " Equipped with 220V electric " Includes a sink and toilet " Underground gas tank nearby (not in use) Income Streams: " Cell tower lease: $900/month " CRP income: Contracted through 2031- $29,019/Annually " Rental home: Currently rented at $400/month with potential for market adjustment. " Current Cattle Lease Remarks: This property offers outstanding value and utility for ranchers, investors, or anyone seeking a large-scale land holding with established infrastructure and diverse revenue sources. Whether you're looking to expand your operation or secure a long-term investment with income potential, this ranch checks all the boxes.