Price Reduction
Address
TBD S Hwy 349 Rankin, TX
Price
$ 725,000
Property Attributes
  • MLS#50039032
  • TypeLand
  • CountyUPTON
  • CityRankin
  • AreaUpton Cnty
  • Zip79778
  • Style300+ Acres
  • Price$ 725,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size310 Acres
Listing Provided Courtesy Of:
The Real Estate Ranch LLC
Data Source:
Permian Basin Board of Realtors
Property Description

This income producing property is ready for you to enjoy. There is an existing groundwater lease on the property with Bobcat Midstream. Recently monthly royalty to owner has been approximately $7-8k/month. If you like mailbox money/passive income, this is the property for you! Lots of quail, dove and whitetail deer for the hunters! Deeded access to Hwy 349 and just 30 minutes from Midland

Elementary School Middle School High School
Rankin Elementary School Rankin Middle School Rankin High School
Price History
5/13/2021 Listed $799,000
6/17/2021 10% - $725,000

General Features

Current Use Water Sales
Elementary School Rankin
High School Rankin
Middle School Rankin
School District Rankin
Sewer None
Subdivision None
Virtual Tour tour.usamls.net/TBD-S-Hwy-349-Rankin-TX-79778/unbranded
Water Well, Private, WR Restriction, Rights Leased, Other

Interior Features

Game Cougar/Bobcat, Deer/Elk/Antelope, Dove/Quail/Pheasant

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 79778

Price
AVG $730K
$730K
Visits
AVG 13
1

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