Here is a excellent ranch offering both farming, hunting, and developmental potential on the outskirts of Alice. Good farm income too, with approximately $30,000 per year in farm lease income. Farm acreage is leased on an year to year basis. Native brush and other bird hunting is leased on a season by season basis, and has been leased to the same farming family for over 10 years. Seller will consider dividing the ranch into 2 or 3 parcels. A large portion of this acreage is on FM 1554 with approximately 1-1/2 miles of paved frontage, offering excellent developmental potential. The dove hunting each year is reportedly very good, depending on the crop in the ground. Some deer hunting and hog hunting has been done by the family over the years, but there are no blinds on the property. This would be an excellent investment opportunity for someone wanting a safe place to park some extra money and enjoy the place in the meantime.

IMPROVEMENTS: Old set of working pens on FM 1554 and a water well in the same vicinity. Some perimeter fencing and some interior fencing.

EASEMENTS: Access to the property via Hwy. 281 S. Bypass is via a recorded easement across another property owned by the same family. Any other easements would be of record.

TAXES: $525.16 per year.

LIVE WATER: None

MINERALS: Seller owns an undivided interest in one-third (1/3) of the mineral estate and would entertain offers including some of the minerals, dependent upon the price per acre offered.

TERRAIN: Level acreage, with two dry-land farm fields totaling 294 acres (172 acres on Hwy 281 Bypass and 122 acres on FM 1554) and 231 acres of very thick native brush.

EXEMPTIONS: Agricultural

WELLS and TANKS: One water well near the working pens.

WILDLIFE: Deer, Dove, Hogs-4/20/2016