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Colten Trevino

coltentrevinorealtor@gmail.com +1(210) 879-8833

$ 3,618,389

Est. payment -/mo

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New

00 FM 665 Alice, TX 78332

769.87 Acres Lot

UPDATED:

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

Corpus Christi/Coastal Bend (CCMLS) - South Texas MLS

Listed by United Country RE-Bluntzer RE • Eric Bluntzer

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