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$6,400,000
Est. payment /mo
591 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 4910710
Tax Year 2023
Lot Size 591.000 Acres
Acres 591.0
Property Sub-Type Ranch
Source actris
Property Description
This 591-acre North Central Texas Farm is located in the southeast corner of Scurry County and on the edge of Nolan and Fisher Counties. The property is located ~17 miles NW of Sweetwater and ~20 miles SE of Snyder. It is bisected by State Highway 84 with roughly 396 acres on the NE side of Hwy 84 and 195 acres on the SW side of Hwy 84. Over 1 mile of frontage on divided State Highway 84 and 4,200 feet of frontage on County Road 466.
The terrain is flat and the fertile clay loam soil is currently under cultivation.
Potential uses include:
1. Solar Farm – key value drivers for this property being used as a large solar farm include:
a. Located adjacent to a large power substation
b. Large buildable acreage.
c. Flat cleared terrain with easy access from the highway and county road.
d. Strong solar irradiance estimated by LANDGATE at 228 W/M^2.
e. Multiple high-voltage transmission lines bisect the property and connect to the substation.
f. Numerous solar operations are already in place in neighboring counties.
2. Wind Farm – key value drivers include:
a. Located adjacent to a large power substation – shares a property line with Oncor Electric power substation.
b. Large buildable acreage.
c. Flat cleared terrain with easy access from the highway and county road.
d. Multiple high-voltage transmission lines bisect the property and connect to the substation.
e. Numerous wind farm operations are already in place within a 100-mile radius of this property.
3. Oil and Gas and Minerals – key value drivers (note that mineral rights are not currently included in the price, but are negotiable).
a. Located on the NE side of the Permian Basin.
b. There are multiple oil fields near this property, with ongoing production
4. The property is currently under cultivation and produces annual income from farming.
5. Low Holding Cost - 1-d-1 agricultural tax valuation is held via cultivation lease keeping the taxes low.
The terrain is flat and the fertile clay loam soil is currently under cultivation.
Potential uses include:
1. Solar Farm – key value drivers for this property being used as a large solar farm include:
a. Located adjacent to a large power substation
b. Large buildable acreage.
c. Flat cleared terrain with easy access from the highway and county road.
d. Strong solar irradiance estimated by LANDGATE at 228 W/M^2.
e. Multiple high-voltage transmission lines bisect the property and connect to the substation.
f. Numerous solar operations are already in place in neighboring counties.
2. Wind Farm – key value drivers include:
a. Located adjacent to a large power substation – shares a property line with Oncor Electric power substation.
b. Large buildable acreage.
c. Flat cleared terrain with easy access from the highway and county road.
d. Multiple high-voltage transmission lines bisect the property and connect to the substation.
e. Numerous wind farm operations are already in place within a 100-mile radius of this property.
3. Oil and Gas and Minerals – key value drivers (note that mineral rights are not currently included in the price, but are negotiable).
a. Located on the NE side of the Permian Basin.
b. There are multiple oil fields near this property, with ongoing production
4. The property is currently under cultivation and produces annual income from farming.
5. Low Holding Cost - 1-d-1 agricultural tax valuation is held via cultivation lease keeping the taxes low.
Location
State TX
County Scurry
Interior
Fireplace N
Exterior
Fence Partial
Utilities Available See Remarks
Waterfront Description None
View Skyline
Private Pool No
Building
Lot Description Agricultural, Level
New Construction No
Schools
Elementary Schools Outside School District
Middle Schools Outside School District
High Schools Outside School District
School District Hermleigh Isd
Others
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Keller Williams - Lake Travis • Robert Pahmiyer