$5,000,000
315± Acres
Active
Reeves County, TX

Hwy 17, Pecos, Texas

MLS ID: 20814420
Status: Active
Price: $5,000,000
Acres: 315±
Type: Unimproved, Land
Address: Hwy 17
City, State: Pecos, TX
County: Reeves County
ZIP Code: 79772
Parcel Number: 0010898

Description

Profitable Investment Opportunity in the Heart of the West Texas Oil and Gas Industry. Featuring 300 plus acres that include an income-producing 500,000 barrel freshwater pit fed by four water wells. The property is strategically located along TX Hwy 17 and offers a lucrative opportunity to meet the growing water demands of the booming oil and gas industry. Included with the land is a barn, house well, windmill well, a total of 4 irrigation wells- three of which are new, with 8 inch pumps, new column pipe, newer shafting and tubing and electric motors and one used 3306 Caterpillar engine with new 8 inch pump, casing, shafting and tubing, and 1-1 gear head and lay flat lines from wells to water pit. Situated between two major interstate highways, US Hwy 10 and US Hwy 20, the property provides fresh water to oil companies for fracking operations-a critical resource in high demand as the region gears up for increased activity. This opportunity is for an industry-related company to quickly expand its business and offerings or for a highly experienced individual ready to walk into a turnkey operation.

Directions: Go south off of I-20, go approximately 10-12 miles, turn West on CR 126. Property sits on the corner of Hwy 17 and CR 126. You can see the water pit from the hwy.

Additional Information

Exterior

Horse Amenities: Hay Storage
Lot Features: Acreage
Lot Size Area: 315
Lot Size Source: Public Records
Lot Size Square Feet: 13,721,400
Road Frontage Type: County Road, Other

Financial/HOA/Schools

Elementary School: Balmorhea
Elementary School District: Balmorhea ISD
Middle School: Balmorhea
Middle School District: Balmorhea ISD
High School: Balmorhea
High School District: Balmorhea ISD
Subdivision Name: H & Gn
Tax Annual Amount: 335
Zoning Description: Agricultural
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

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Listed By: Mary Ann Juarez of Ziglar Realty