$2,365,125
For Sale

FM 11

No City, TX 77656
1,351.50 acres | #20823642
Browse 2 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Great investment property, strategically located in an area of active oil and gas development with currently producing wells. Zoned Ag and located outside city limits with minimal restrictions. **50% of mineral rights , 100% of water rights, and 100% of wind rights would convey to to Buyer** Abundant groundwater on property: Pecos Valley Aquifer. Positioned just SE of the city of Imperial and approximately 50 miles south of Midland-Odessa.

  • Property Details
      • Lot DescriptionAcreage, Agricultural
      • Subdivisionnext to Imperial, TX
      • Elementary SchoolBuena Vista School
      • School DistrictBuena Vista ISD
      • Property SubtypeUnimproved Land
      • Acres1351.5000
      • Property TypePurchase
      • MLS #20823642
      • MLS #20823642
      • Utility FeaturesAsphalt
      • Cost2365125
      • CountyPecos

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bloom 5 Real Estate shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: Morgan Hamilton (#0701942)
Listing Office: M&W Real Estate, LLC (#MWRE00FW)

Bloom 5 Real EstateReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bloom 5 Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright