$1,200,000 Est. $4,419 / mo.*

191 County Road 358 Richland Springs , TX 76871

Courtesy of Hoyt Real Estate, Deryl Hoyt Jr.

Description

1 Bed
1 Bath
800 Sqft
86,248 Sqft lot
1.98 Acre lot
Status: Active
Property Type: Farm
Year Built: 1980
Neighborhood: South Heights
Days on Website: 23
WATER, WATER, WATER And where else would you find all this water except in a town called Richland Springs! This well is reported to produce over 1000 gallons per minute. (Buyer should verify the report with their own testing.) The well is classified as a non-flowing Artesian that has hit in a rare fracture into an aquifer that supplies this abundant, essential resource. The need for good water in our world is always on the increase in demand. Entrepreneurs and investors should be keenly aware on how to capitalize on this valuable resource. In some ways, more valuable than oil. Obviously the value in this property is all about the phenomenal well but there is a small comfortable home, pecan and fruit tree orchard, small pond, large covered patio, large century live oaks and some other out buildings. Sellers may consider some owner financing if the terms proposed are attractive. Consider all the possibilities of what can you do with this much water?

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Property Details and Features

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Contact an Agent

Paige Owens

(214) 383-6853 (214) 801-9190