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Seller's Agent in 2025
Joe Stockdale
Joe Stockdale Real Estate
Have that perfect home in mind? Now we have the perfect spot! This 18 acre lot is located in a quiet spot in Desirable Gibson! Plenty of road frontage gives you lots of options! NO HOA or Covenants! Enjoy nature at it's finest, and carve out your little homestead for the family to enjoy for years to come! This land has a Mineral Lease that currently has 40 years remaining on a 100 year Mineral Lease for Kaolin with Thiele Kaolin Company. If Thiele decides to mine this property in the next 40 years remaining on the lease, then it offers a unique opportunity for passive income from mineral royalties without the headaches of active land development. Once mining begins, royalty payments are typically based on volume extracted, offering consistent cash flow. Kaolin is a high-demand industrial mineral used in paper, paint, ceramics, and pharmaceuticals. Global demand remains strong, particularly in advanced manufacturing and construction, positioning this lease for long-term relevance. Currently it is a perfect tract for hunting especially with the creeks surrounding the property.
Last Agent to Sell the Property
Joe Stockdale Real Estate, LLC License #345446 Listed on: 02/25/2025
Last Buyer's Agent
Joe Stockdale Real Estate, LLC License #345446 Listed on: 02/25/2025
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/27/2025 05/27/25 | Sold | $65,000 | -5.8% | -- |
04/05/2025 04/05/25 | Pending | -- | -- | -- |
02/25/2025 02/25/25 | For Sale | $69,000 | -- | -- |
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Seller's Agent in 2025
Joe Stockdale
Joe Stockdale Real Estate
Source: First Multiple Listing Service (FMLS)
MLS Number: 7530774