Jymmy Kay Cox

$1,100,000

64.33 Acres

Lipan, Texas, 76462

WATER, WATER, WATER! 64+ on Santo Lipan boundary line, with 2 Santo Water District meters, seasonal creek and a well. Santo Water District is not allowing any more water meters south of I-20 at this time. There are two existing meters at the entrance gate! Water well is 59' and has been refurbished with new casing and solar pump; produces 8 gallons a minute. Property also boasts a creek and three stock tanks with one being 3 acres in size and 25' deep. Currently used for grazing cattle with a new perimeter, ranch fence. Property also has a newly constructed entrance off of highway with an elevated driveway. There is an existing house pad, shop pad and a 15' x 30' storage building. Electric meter and overhead lines are located at south end of property. Much of the acreage has been cleared, but there are still native brush and large oak trees, especially along the creek. Refer to survey for information on 100-year flood plain and all boundary lines. Good soil as sudan and wheat is grown across the road. Located in the Santo ISD with approximately 2500' of FM 4 frontage. Three miles to Interstate 20 to head to Fort Worth or Abilene. This property checks the boxes and has so much potential! Owner might consider short term financing with a large down payment.