County Road 420 Seminole, TX 79360
Estimated payment $4,985/month
About This Lot
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 – established infrastructure in place
12 miles from Seminole – convenient access to town amenities
Subdivision potential: Divide into residential lots
PROVEN MARKET: 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 your development project. You're not pioneering a market – you're capitalizing on an existing, proven trend in growing Gaines County.
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 reduce market risk and validate pricing
Clean title with established boundaries and proven productivity
Location: Strategically positioned in established agricultural corridor with proven production history, close enough to Seminole for modern conveniences. Neighboring land subdivisions confirm this area is in the path of growth.
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 significantly reduced market risk.
Perfect for: Agricultural investors, land developers, 1031 exchange buyers, family offices, and investors capitalizing on West Texas growth with proven exit strategies.
Property Details
Property Type
- Land
Lot Details
- Current uses include agriculture, grazing, agribusiness, pasture
- Potential uses include agriculture, feed lot, grazing, residential single, for development, hobby farm
Utilities
- Overhead Utilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $795,000 | -- | -- |
- 648 Private 308-H
- LOT 9 County Rd 409-K
- LOT 2 County Rd 409-K
- TBD 5 County Rd 409-K
- LOT 8 County Rd 409-K
- LOT 10 County Rd 409-K
- LOT 3 County Rd 409-K
- 0 Cr 313 Unit 25589610
- 0 Cr 313 Unit 202556984
- 648 308h Private Rd
- TBD Private Road 318-N
- 401 County Road 300j
- TBD County Road 305
- 328 County Road 409k
- TBD County Road 411
- 0 County Road 404
- 398 County Road 301
- 704 County Road 421
- 314 County Road 306
- TBD Private Rd 308 H