Property Description:
Located on FM 882, the Olson 115 offers a unique opportunity to own an income producing property that is ground leased by both Conoco and NuStar. The property has 2 leased sites, the approximate acreage of the leases are 29+/- ac and 16+/- ac. There is 1 pad site on the south end of the property and the remaining acreage is comprised of typical native south Texas brush. The un-leased acreage could be utilized to run livestock. There is an additional 115 +/-acres that is leased by Conoco available.
Please call for further details regarding lease details.
Minerals:
None. Surface Sale Only
Taxes
Ag-Exempt