74 Acres in Colorado City, TX - $156,150

Located north of Colorado City, Texas, is a rare opportunity combination tract. This Mitchell County Property offers significant income, fertile soils, build potential, and gorgeous views, not to mention good hunting potential. Not only that, this property has a 50 year wind lease-income was over $6,500 in 2022 from one wind turbine. All income along with the lease will convey with sale. Property itself was previously dryland farmed, then enrolled in the USDA Conservation Reserve Program. With a small amount of effort, buyer could elect to go back to dryland farming, or re-enroll in the CRP program. 94% of soils are Class III and terraces are in place. There is fencing on 3 sides of the property so grazing would be an option as well. The land borders paved road fm 1982 and resides within the Loraine ISD. The views are extraordinary and with utilities close, building would be a possibility as well. This property is close to Colorado City to the south and Snyder to the north, making for an easy commute for anything. With the hunting potential, one could set up an RV or a small Cabin for a weekend retreat or hunting facility. Low taxes and no state income tax are an additional bonuses as well. As you can see there is unlimited potential with this property so call today and take a look!