000 420, SEMINOLE, TX 79360
Homes for sale in Seminole.
Homes for sale in 79360.
List Price$792,000
000 420
Seminole, TX 79360
No Property Photo Available
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
Walk Score
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