June 5, 2017
Located just minutes from Pecos, Texas in Reeves County and only one mile south of I-20, is 813+/- acres of beautiful farm land. The North 173+/- acres is highly developable land with asphalt frontage along the east side of the tract. There are 5 water wells on this irrigated farm land and each well has been recessed. gravel packed, and will produce an estimated 4500 GPMS. Sellers have an agreement with an oil company to buy water at $0.50 a barrel for onsite water and $0.40 a barrel for offsite water. Soon, there will be a rig moving in to start drilling offsite wells. At closing seller will convey all water rights only as there are no minerals to convey. Contact Caleb Matott for additional information, 432-349-3330. Owner/Agent
Caleb Matott is a True Steward of the Ranching Industry.
Serving all of Texas & New Mexico, Caleb Matott works with folks buying/selling farm, ranch, hunting, & rural property as well as buyers/sellers in the Commercial, Land, & Residential Development industry. With over four decades in the ranching industry, three decades in the real estate profession, Caleb provides his clients with an abundance of knowledge, experience, honesty, & integrity.
REQUIRED NOTICES: Texas law requires all real estate licensees to give the following information about brokerage services and consumer protection to prospective buyers, tenants, sellers and landlords. (Please click on the link): http://bit.do/IABS-CMRanchRealEstate
DISCLAIMER – This property offering is subject to prior sale, change in price, or removal from market without notice. While the information provided is deemed reliable, it is not guaranteed by Caleb Matott or CM Ranch Real Estate.