Rare opportunity in this combination tract. This Mitchell County property offers significant income, fertile soils, build potential, gorgeous views, and good hunting potential. Most noteworthy is the 50-year wind lease-income was over $6,500 in 2022 from one wind turbine. Property itself was previously dryland farmed, then enrolled in the USDA Conservation Reserve Program. With a small amount of effort, buyer could elect to put it back into cultivation, or re-enroll in CRP. Approximately 94% of soils are Class III and terraces are still in place. There is fencing on 3 sides, so pasture is also an option. This tract is on paved FM 1982 a in resides within the Loraine ISD with utilities nearby and big views, so a build site is definitely possible as it is close to both Colorado City and Snyder. With good hunting in the area, one could also park an RV or put up a cabin and have an ...
Rare opportunity in this combination tract. This Mitchell County property offers significant income, fertile soils, build potential, gorgeous views, and good hunting potential. Most noteworthy is the 50-year wind lease-income was over $6,500 in 2022 from one wind turbine. Property itself was previously dryland farmed, then enrolled in the USDA Conservation Reserve Program. With a small amount of effort, buyer could elect to put it back into cultivation, or re-enroll in CRP. Approximately 94% of soils are Class III and terraces are still in place. There is fencing on 3 sides, so pasture is also an option. This tract is on paved FM 1982 a in resides within the Loraine ISD with utilities nearby and big views, so a build site is definitely possible as it is close to both Colorado City and Snyder. With good hunting in the area, one could also park an RV or put up a cabin and have an income-generating weekend property. Low property taxes and (of course) no state income tax are additional bonuses. There's really something for every buyer on this parcel. Call today to take a look!
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Research Parcel InformationNorth from Colorado City on highway 208 to FM 1982. East on FM 1982 for approximately 12.5 miles to southwest corner of property. The entire property is on north side of FM 1982.