UPDATED:
12/10/2024 06:04 PM
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 4910710
Originating Board actris
Tax Year 2023
Lot Size 591.000 Acres
Property Sub-Type Ranch
Property Description
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 Yes
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
Virtual Tour https://www.propertypanorama.com/instaview/aus/4910710