00 FM 665, ALICE, TX 78332
Homes for sale in Alice.
Homes for sale in 78332.
00 FM 665
Alice, TX 78332
List Price$3,464,415
Listing #466596
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
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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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