$6,400,000

0 U S 84 Roscoe, TX 79545

Estimated payment $40,131/month

Total Views 301
591 Acres
$10,829 Price per Acre
25,743,960 Sq Ft Lot

About This Lot

This 591-acre North Central Texas Farm is located in the southeast corner of Scurry County and on the edge of Nolan and Fisher Counties. The property is located ~17 miles NW of Sweetwater and ~20 miles SE of Snyder. It is bisected by State Highway 84 with roughly 396 acres on the NE side of Hwy 84 and 195 acres on the SW side of Hwy 84. Over 1 mile of frontage on divided State Highway 84 and 4,200 feet of frontage on County Road 466.

The terrain is flat and the fertile clay loam soil is currently under cultivation.

Potential highest and best uses include:
1.Solar Farm key value drivers for this property being used as a large solar farm include:
a. Located adjacent to a large power substation shares a property line with Oncor Electric power substation.
b. Large buildable acreage.
c. Flat cleared terrain with easy access from the highway and county road.
d. Strong solar irradiance estimated by LANDGATE at 228 W/M^2.
e. Multiple high-voltage transmission lines bisect the property and connect to the substation.
f. Numerous solar operations are already in place in neighboring counties.
2. Wind Farm key value drivers include:
a. Located adjacent to a large power substation shares a property line with Oncor Electric power substation.
b. Large buildable acreage.
c. Flat cleared terrain with easy access from the highway and county road.
d. Multiple high-voltage transmission lines bisect the property and connect to the substation.
e. Numerous wind farm operations are already in place within a 100-mile radius of this property.
3. Oil and Gas and Minerals key value drivers (note that mineral rights are not currently included in the price, but are negotiable).
a. Located on the NE side of the Permian Basin.
b. The Permian Basin is a large sedimentary basin in the southwestern part of the United States. It is the highest-producing oil field in the United States, producing nearly 6 million barrels of crude oil daily in 2024
(as per the Texas Railroad Commission).
c. There are multiple oil fields near this property, with ongoing production from the Strawn, Wolfcamp, Canyon Sand, Ellenburger, and Penn Reef formations. There are also other geologic horizons nearby.
4. The property is currently under cultivation and produces annual income from farming.
5. Low Holding Cost - 1-d-1 agricultural tax valuation is held via cultivation lease keeping the taxes low.


MINERALS Minerals are negotiable.


Showing Instructions:
This property is marketed and shown exclusively by TDR Real Estate Group and Keller Williams Land. Please contact Robert Pahmiyer (830) 265-1239 or Kyler Welker (512) 660-1956 for showing information. All appointments must be made with the listing agent. The buyers agent must make first contact and be present for all showings to qualify for a full commission.

Listing Agent

Robert Pahmiyer

Keller Williams Land License #696749 Listed on: 09/26/2024

Keller Williams Land
Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Current uses include agriculture, agribusiness
  • Potential uses include agriculture, commercial, industrial, for development

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 830-265-1239
  • Listing Website: https://www.land.com/property/591-acres-in-scurry-county-texas/21601388/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Commercial, Industrial, For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Asphalt

Lot Info

  • Current Use: Agriculture, Agribusiness
  • Lot Description: Acreage, Level

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 For Sale $6,400,000 -- --