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Willacy County (Arroyo City, Texas, US)
$19,000,000 Income Potential




"25,000' Intercoastal canal waterfront"
 

Texas Premier Land Company
Texas Premier Land Company, LLC


 
Lenore Abboud
Email Lenore
 
Phone: 325-379-1410
Cell: 512-264-4860
Fax: 888-870-6541
 
Details

Type: Farm and Ranch Style:  Lot Size:  3141 acres 
 
Description

This beautiful 3,141 acre ranch has 5 miles of inter-coastal canal frontage. This tract is already platted for residential development and is just across the canal from Arroyo City, TX. A 6" water main, electricity and high speed fiber optic cable are run to the property for future development. If that isn't enough, the seller has in hand a wind energy contract for 36 turbines awaiting the signature of the new owner. This will generate nearly $1 million worth of annual income. There is also 320 acres in government native CRP generating $15,000 per year income. A 6 mile 60' wide deeded easement offers access to the property. The property can be divided in several ways.

788 AC w/waterfront - $6,000,000
881 AC w/waterfront - $6,000,000
242 AC w/waterfront - $2,000,000
601 AC - $2,700,000 (backs up to the King Ranch)
629 AC - $2,800,000 (backs up to the King Ranch)
 
Highlights

25,000 feet of Inter-Coastal Canal Waterfront located directly across from Arroyo City, TX Great Development Opportunity
Hunting and Fishing at its Best Income potential with Wind Energy Lease Available

P2#2198327

The information contained on this website is not warranted by Texas Premier Land Company, Lenore Abboud, Associates or Sellers, express or implied. Visitors are urged to verify representations on their own, and draw their own conclusions regarding usefulness, value and other described aspects of the properties offered herein. All properties are subject to prior sale or withdrawal from the market.


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