0000 S HWY 17 Active Save Request In-Person Tour Request Virtual Tour
Pecos,TX 79772
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision H & Gn
MLS Listing ID 20814420
HOA Y/N None
Annual Tax Amount $335
Lot Size 315.000 Acres
Acres 315.0
Property Sub-Type Unimproved Land
Property Description
Profitable Investment Opportunity in the Heart of the West Texas Oil and Gas Industry. Featuring 300 plus acres that include an income-producing 500,000 barrel freshwater pit fed by four water wells. The property is strategically located along TX Hwy 17 and offers a lucrative opportunity to meet the growing water demands of the booming oil and gas industry. Included with the land is a barn, house well, windmill well, a total of 4 irrigation wells- three of which are new, with 8 inch pumps, new column pipe, newer shafting and tubing and electric motors and one used 3306 Caterpillar engine with new 8 inch pump, casing, shafting and tubing, and 1-1 gear head and lay flat lines from wells to water pit. Situated between two major interstate highways, US Hwy 10 and US Hwy 20, the property provides fresh water to oil companies for fracking operations-a critical resource in high demand as the region gears up for increased activity. This opportunity is for an industry-related company to quickly expand its business and offerings or for a highly experienced individual ready to walk into a turnkey operation.
Location
State TX
County Reeves
Zoning Agricultural
Direction Go south off of I-20, go approximately 10-12 miles, turn West on CR 126. Property sits on the corner of Hwy 17 and CR 126. You can see the water pit from the hwy.
Interior
Heating None
Cooling None
Heat Source None
Exterior
Utilities Available Electricity Available,Overhead Utilities
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Balmorhea
Middle Schools Balmorhea
High Schools Balmorhea
School District Balmorhea Isd
Others
Restrictions Easement(s)
Ownership Shifflett
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20814420