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Borden County 1300 Ranch

MLS Number: TX448777
Price : $1,958,850
Sold Price : Undisclosed*
Features: Electricity, Hunting, Hwy-County Rd Frontage, Rural Water, Water Rights
Acreage : 1,305.90
State: Texas
County: Borden
Status: Active
Property Documents: N/A
Virtual Tour: Virtual Tour
*Listing currently in a Nondisclosure State

We are pleased to offer for sale the Borden County 1300 Ranch consisting of 1,305.9 +/- acres of native ranchland located between Lubbock and Big Spring. This property sits on the Eastern edge of the South Plains, and the beginning of the Rolling Plains Region of Texas.

LOCATION
The property is well located with 2 miles of paved frontage on FM 1054, and is 2 miles south of Highway 180 connecting Snyder and Lamesa. This area of the state is known for ranching, oil and gas, and wind energy generation. Recently, solar development has become a growing energy sector for the region.

TOPOGRAPHY
The ranch consists of level to gently rolling grassland, with wet weather creeks on the north and south ends of the property. The middle portion of the ranch, in addition to several other areas of the property are basically level to slightly sloping land. There are varying soil types on the ranch, but the majority of soil is classified as loam or sandy loam soils, with 1 to 3 % slopes.

IMPROVEMENTS
There are no structural improvements on the ranch. A rural water line from the city of Gail is located on the property and is piped to 3 water tubs for livestock. There is also one earthen tank. Fences are considered to be in good condition, and the ranch is cross fenced into 2 pastures.

Three large transmission lines are situated on the property along the eastern edge, with a new transmission line currently under construction. An electrical substation is located directly across from the property.

MINERALS, WIND AND SOLAR RIGHTS
The ranch is being offered surface only with no mineral ownership to convey. The property is leased, with oil production on the property. All wind energy generation rights and all solar rights will convey to the new owner.

HUNTING, WILDLIFE, AND RECREATION
This area is known primarily for its whitetail deer hunting. Dove and quail hunting is also common in the area.

REMARKS
If you are looking for an investment property with the additional aspects of hunting and cattle grazing, this property should be considered. There is significant solar development currently under construction less than one mile to the northeast, with a second solar development under construction approximately 2 miles north of the property. The suitability for solar development on this property should be independently investigated and verified by the purchaser if desired. The ranch is being offered at $1,500 per acre. For more information, contact Clint Robinson at (806) 786-3730, or Brendan Garrison at (806) 790-5900.



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