160 Acres in Ralls, TX - $499,000
Excellent farmland for sale in Crosby County, just southwest of Ralls and minutes from Lubbock. Property consists of 158 acres under pivot, plus two wells with 300 gal/min output. There is also a 3 bed/2 bath home with an additional 2 acres and a domestic well. Strong historic cotton production, averaging 4 bales an acre.
Multiple purchase options, including:
- Entire property: $499,000
- House only + 2 Acres: $150,000
- Farmland only: $400,000
Seller would consider cash leasing the property back at $20,000/yr,
which is roughly a 5% return.
PROPERTY HIGHLIGHTS
- 158 acres of farmland under pivot
- Strong historic cotton production of 4 bales/acre
- 2 wells with 300 gal/min output
- Home + 2 acres and domestic well
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