Big Spring, TX 79720(Howard County)

We are proud to have obtained an exclusive listing on a long-term family owned property located in the southwest-quadrant of Howard County. The Fishers High Point Ranch consists of 833.32 acres, more or less, and is located in the desirable Forsan Independent School District. US Hwy 87 cuts across the northeast corner of this property, leaving approximately 27 acres on the east side of US Hwy 87 and approximately 806 acres on the west side of US Hwy 87. In regard to the land on the west side of the highway, access is excellent, being by paved Longshore Road on the west, paved Wildfire Road on the south and US Hwy 87 on the east. Having pavement frontage on three sides gives the High Point Ranch great rural subdivision potential. Another huge benefit to this property are the nine (9) 1.6 megawatt wind turbines that generate from $35,000 to $47,000 annually, with an average of approximately $40,700 per year.

LEGAL DESCRIPTION

425 acres, more or less, out of Section 1, Block 33, T-2-S, T&P RR. Co. Survey; 408.32 acres, more or less, out of Section 1, Block 32, T-2-S, T&P Co. Survey, Howard County, Texas, containing 833.32 acres, more or less. *The acreage amounts listed above were obtained from the Howard County Appraisal District.

DESCRIPTION

The High Point Ranch is entirely in native pasture. The grass turf found across the ranch is typical for the area and is in good condition. The primary grasses include sideoats grama, cane and silver bluestem, blue grama, vine mesquite, little bluestem, green sprangletop and plains bristlegrass. Brush canopy consists of a combination of mesquite and cedar.

The terrain of this ranch is unique for the area, having what has been reported to be the highest point in Howard County being basically in the center of the ranch. The majority of the ranch slopes gently away from this high point.

A large active shotrock limestone quarry (Tubbs Quarry) adjoins the north side of the High Point Ranch. According to Tubbs website, the products produced at this quarry are NOT caliche. It is a pure limestone, providing superior compaction. This has been an active quarry for many years. It is highly probable, since the High Point Ranch adjoins the south side of the Tubbs Quarry and elevation levels on the High Point Ranch increase approximately 50 feet, a significant amount of limestone rock could be found under this ranch.

The perimeter of the property is fenced, with some interior cross fencing. The majority of the fences are in good condition, being of primarily of net wire and steel T-post construction.

Some scattered oil production is located on the property.

IMPROVEMENTS

Two (2) water wells are located on the property, with one being used to water livestock and the other not being equipped at this time.

MINERALS/WIND

No minerals available. Wind rights will be negotiable.

TAXES

+/-$16,500/year

PRICE

$2,150/acre

REMARKS

As mentioned, the High Point Ranch has a wide variety of beneficial features, including being located in Forsan ISD, potential rural residential development, wind turbine income and potential limestone mining. If you are in the market for a unique investment property in this area of Howard County, this offering deserves your consideration. Please call Rusty Lawson at (806) 778-2826 for more information.