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510 acres – Jim Wells County

Long Ranch

Location:  The Long Ranch is located at the corner of CR 431 & CR 425 in Southwestern Jim Wells County. The tract lies about 4.8 miles west of HWY 281 and the town of Premont is approximately 4.5 miles to the Southeast.  According to the 2010 Census, Premont’s population is around 2,653. Premont is home to the basics such as gas stations, a few family owned restaurants & motels a Dollar General, Subway and a Dairy Queen. Falfurrias, a short 9 mile drive south, is where you will find the nearest HEB and Whataburger.

General: Ownership of the Long Ranch has been held by the same family for over 90 years.  The history of how the Seller’s father acquired the property is quite interesting. Equally as interesting is the story of a banker and developer named R.P. Halderman and his role in the creation of the town of Premont.

The Long Ranch’s extensive, buffelgrass pastureland is ideally suited for a cow-calf or stocker cattle operation. Soils are mostly Delfina Fine Sandy, which are suitable for cultivating crops, pasture, range, woodland or wildlife.  The property is perimeter fenced and cross fenced into 5 pastures each with 15” concrete water troughs. Fencing is primarily King Ranch square wire in good condition.  All pastures lead to a central gathering trap with wing to assist in shipping cattle.  The property’s contour is relatively flat with a few depressed areas that hold water during wet periods.  The property has frontage on 3 county roads, all of which are paved.  The extensive paved road frontage as well as the availability of electricity along county roads make future large tract subdivision a viable possibility.  The property is currently ag exempt with low taxes.

Water: Subsurface groundwater in this area is not an issue with water typically present from 90-137 ft. below surface. Wells drilled to this zone for domestic use test at 30-35 gpm.  With a pivot irrigation system on a neighboring property, it appears that irrigation quantity could be viable.  For more information concerning groundwater availability, rules and regulations please visit  https://brushcountrygcd.com/.  Near the NE corner of the property there is a water well outfitted with a submersible pump and pressure tank that supplies water to the troughs on the property.  There is a second, currently inoperable water well near the center of the property but the condition of this well and its functionality is unknown.  

Summary: I challenge you to find a more productive, turn-key cattle ranch in south Texas with the possibility of mineral ownership for $1,860/acre.  With low taxes and low cost of ownership, and possible ag lease income this offering is attractive to the investment buyers wanting to invest in a appreciating, stable asset with lease income potential.

Minerals: Sellers are willing to convey any and all owned mineral interest, if any, with an acceptable offer.

Price:  $949,000

 

 

***Information contained herein is deemed reliable, but is not warranted by Broker or Sellers, and is subject to change, errors and/or omissions, prior sale and withdrawal from market.  Buyers are urged to verify representations on their own regarding the usefulness and value of the property for a given purpose.  Property is sold “as is where is, with all faults…and without warranty other than that of title.”***  Showings by appointment only with Bluestem Ranch Group only. Do not trespass – John L. Lynd, Listing Broker.

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