Courtesy of: Jeannine Herrington, H Bar Realty, Hbarrealty@gmail.com
Courtesy of: Jeannine Herrington, H Bar Realty, Hbarrealty@gmail.com
$952,000
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Lot: 160.00 Acres
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Other
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$952,000
Tbd CR 334 UNIQUE OPPURTUNITY! Land and Mineral Production! TOTAL PRICE $952, 000;includes both land and oil production. LAND 160 acres valued at $3, 950 per acre. OIL PRODUCTION: Valued at $320, 000; 4x annual revenues. This property offers 160 acres of developed pasture land, perfect for hunting, with 100% working interests and operations in 3 oil wells and 1 injection well, included. Family owned for over 100 years, this land features oak groves, mature mesquite trees, 3 tanks, and fencing on all sides. The grass is leased for cattle and the land is leased for hunting, bringing in additional revenue streams. Additional amenities include a rural water meter and on site electricity.
Courtesy of: Jeannine Herrington, H Bar Realty, Hbarrealty@gmail.com
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