3,331 Acres of Land for Sale in Seminole, Texas
FM 181, Seminole, TX 79360
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$4,980,000
3,331 acres
Active sale$1.01m dropEst $46,959/mo
This is a continuous 3,331 acre piece of property located in a hotbed of organic and dryland farming. Currently the property is enrolled in the Conservation Reserve Program (CRP) with rolling renewal dates. The current CRP has an estimated yearly return of $181,375 and makes this a great option for an income producing 1031 exchange or buy out the CRP contract and place into production. Current owner does not own the water rights.
Property details
- County
- Gaines County
- School District
- Seminole ISD
- Elevation
- 3,310 feet
- MLS Number
- PBBR 50059622
- Date Listed
Legal description
BLK A24 SEC 18 TX, BLK A24 SEC 14 TX, BLK A24 SEC 15 TX, BLK A24 SEC 17 TX, BLKA24 SEC 23 TX, BLK A24 SEC 24 TX, BLK A24 SEC15 TX
Property taxes
- Year not provided
- $3,000
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| F J Young | Elementary | Seminole ISD | — |
| Seminole Junior High | Middle | Seminole ISD | — |
| Seminole High School | High | Seminole ISD | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 5, 2023 | Relisted | $4,980,000 | — | PBBR |
| Nov 30, 2023 | Listing removed | $4,980,000 | — | — |
| Sept 28, 2023 | Price decrease | $4,980,000 | $1,015,000 -16.9% | PBBR |
| Aug 19, 2023 | Relisted | $5,995,000 | — | PBBR |
| Aug 18, 2023 | Listing removed | $5,995,000 | — | PBBR |
| June 23, 2023 | New listing | $5,995,000 | — | PBBR |
Payment calculator
Jeff Forman
JPAR Midland
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