1121 COUNTY ROAD 481, ALICE, TX 78332

Homes for sale in Alice.

Homes for sale in 78332.


Active

List Price$651,000

1121 County Road 481

Alice, TX 78332

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Listing #467659

Farm

Type

About This Property

El Rayo Ranch 124 acres -- Jim Wells County Conveniently located just 5 miles south of Alice and 1 mile north of Ben Bolt, Rayo Ranch offers 124 acres of versatile South Texas land with a prime location and exceptional potential. With 663 feet of frontage on Highway 281 and 1,556 feet along County Road 48, this property combines accessibility, productivity, and recreational appeal. Approximately 50 acres of mature native brush provide excellent cover for wildlife, while the remaining acreage is productive farmland, currently planted in sesame. The fine sandy loam soils are well-suited for a variety of crops or improved pasture. The ranch is unimproved but equipped with power on site, an established water well with a submersible pump, and a solid road system throughout. There is no floodplain and no restrictions, giving a new owner full flexibility for agricultural, recreational, or commercial use. Wildlife is abundant, including deer, dove, hogs, and varmints--making it a great hunting property or weekend getaway. Its location on Highway 281 near town, combined with low agricultural taxes, also makes it ideal for potential residential or commercial development. Whether you're looking for a productive farm, a recreational retreat, or an investment with growth potential, Rayo Ranch checks every box. Financial: $651,000 or $5,250 /acre. Seller to provide current survey and Standard Title Policy. Property is currently leased to a reputable farm tenant providing lease income.

Property Features

Location Information

County

Jim Wells

Subdivision

Sholars S/D

Interior Features

Interior

None

Laundry

None

Floors

Other

Exterior Features

Foundation

Other

Lot Size in Acres

124.21

Water

Well

Lot Size in Sq. Ft.

5,410,587

Parking Description

None

Has Waterfront

No

Is a Horse Property

Yes

School

Elementary School District

Ben Bolt ISD

Middle School

Ben Bolt

Elementary School

Ben Bolt

High School

Ben Bolt

Additional Information

Roof/Attic

Other

Year Built

1900

Other Utilities

Other, Overhead Utilities, Water Available

Status

Active

Property Type

FRM

Square Feet Source

Appraiser

Property SubType 2

Farm

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Mortgage Calculator

$3,038

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,345

Monthly Tax

$542

Monthly Insurance

$151

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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