000 420, SEMINOLE, TX 79360

Homes for sale in Seminole.

Homes for sale in 79360.


Active

List Price$792,000

000 420

Seminole, TX 79360

Listing #21116468

160

Acres

Lots / Land

Type

About This Property

PRIME 160-ACRE IRRIGATED FARMLAND & DEVELOPMENT OPPORTUNITY -- GAINES COUNTY, TEXAS High-yield investment opportunity in West Texas agriculture and land development. This exceptional 160-acre irrigated farm near Seminole offers immediate cash flow from active wheat production plus significant upside potential through strategic subdivision. Investment Highlights: 160 acres of income-producing irrigated farmland with active wheat production Dual county road frontage -- rare two-sided access maximizes development potential Turnkey irrigation system in place 12 miles from Seminole Subdivision potential: Divide into 10+ residential lots (10-acre minimum, subject to county approval) Nearby land actively being subdivided -- established buyer demand Why This Property? The surrounding area is experiencing active land subdivision with nearby properties successfully being divided and sold. This confirms strong market demand and provides comparable sales for development projects. Multiple Exit Strategies: Hold & Farm: Continue wheat production or lease to operators for steady income Develop & Sell: Subdivide into 10-acre ranchettes following the proven model of nearby successful subdivisions Land Bank: Appreciation play in West Texas corridor with demonstrated subdivision activity Mixed Use: Develop portions while maintaining agricultural exemption on remainder Key Investment Advantages: Two-sided road frontage increases lot values and reduces development costs Flat, buildable terrain minimizes site preparation expenses Agricultural income offsets holding costs during development phase Strong comps from nearby subdivisions validate pricing Clean title with established boundaries This is a rare opportunity to acquire productive farmland with legitimate subdivision potential where the development market is already proven. Multiple paths to profit with reduced market risk.

Property Features

Location Information

County

Gaines

Subdivision

na

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Connected, Overhead Utilities

Possible Best Use

Agricultural, Cattle, Grazi

Lot Description

Acreage

Zoning

unzoned

Lot Size in Acres

160

Road Description

Gravel

Lot Size in Sq. Ft.

6,969,600

Is One Story

No

Current Use

Agricultural, Cattle, Grazing, Livestock, Pasture

Lot Description

Acreage

School

Elementary School District

Seminole ISD

High School

Seminole

Elementary School

Seminole

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Ranch

Tax Annual Amount

2868.0

Status

Active

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Mortgage Calculator

$3,697

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,853

Monthly Tax

$660

Monthly Insurance

$184

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

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