1121 COUNTY ROAD 481, ALICE, TX 78332
Homes for sale in Alice.
Homes for sale in 78332.
List Price$651,000
1121 County Road 481
Alice, TX 78332
Listing #467659
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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