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$ 792,000
Est. payment /mo
Active
000 420 Seminole, TX 79360
160 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 21116468
HOA Y/N None
Annual Tax Amount $2,868
Lot Size 160.000 Acres
Acres 160.0
Property Sub-Type Ranch
Property Description
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.
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.
Location
State TX
County Gaines
Zoning unzoned
Direction From Seminole head south on 385 approx 12 miles, then east on cr 420 1.5 miles to property
Exterior
Utilities Available Electricity Connected, Gravel/Rock, Outside City Limits, Overhead Utilities
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Seminole
High Schools Seminole
School District Seminole Isd
Others
Restrictions None
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Listed by James Friesen • United Country H5 Auction & Realty