00 FM 665, ALICE, TX 78332

Homes for sale in Alice.

Homes for sale in 78332.


00 FM 665

Alice, TX 78332

Active

List Price$3,464,415

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Listing #466596

Farm

Type

About This Property

Selling 770 contiguous acres of South Texas Coastal Bend farm ground. Immediately North of FM 665 adjacent to the Jim Wells County / Nueces County line. This farm has a solid history of primarily cotton and grain production. The land is mostly level, with a topographical overlay showing only slight elevation changes (within a range of 5') across the field. Soil profiles consist of all fine sandy loam classifications. All tracts have individual agricultural exempt status for county tax valuations. This acreage has only one one pipeline ROW, (which is decommissioned) and no history of oil field activity. This acreage offers over 7900' of FM 665 road frontage. There is additional county road frontage on two sides, offering over 650' of CR 336 on the west side of the acreage and over 2600' of frontage on CR 107 to the east. This acreage should be appealing to producers as large contiguous parcels like this one are scarce these days. Investors and section 1031 buyers should find this an attractive possibility given that US farmland has a long track record of price appreciation with very little volatility, making it an outstanding long term investment. A well established long term tenant farmer is in place that pays attractive annual income via a sharecropping lease. Last but not least this tract has OUTSTANDING dove hunting!!

Property Features

Location Information

County

Jim Wells

Subdivision

Scotts

Interior Features

Interior

None

Laundry

None

Floors

Other

Exterior Features

Foundation

Other

Lot Size in Acres

769.87

Possession

Close Of Escrow

Lot Size in Sq. Ft.

33,535,537

Water / Sewer

Septic Needed

Possible Use

Agricultural, Grazing, Residential

Parking Description

None

Has Waterfront

No

Topography

Level

School

Elementary School District

Alice ISD

Middle School

Alice

Elementary School

Alice

High School

Alice

Additional Information

Roof/Attic

Other

Property SubType 2

Farm

Other Utilities

Septic Available

Year Built

1900

Property Type

FRM

Status

Active

Property SubType

Farm

Square Feet Source

Appraiser

Similar Listings

Mortgage Calculator

$16,179

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$12,484

Monthly Tax

$2,887

Monthly Insurance

$808

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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