Explore Land
Search By State
Find an Agent
Advertise
View all 14 pictures

S Hwy 349 in Rankin

This income producing property is ready for you to enjoy. There is an existing groundwater lease on the property

with Bobcat Midstream. Recently monthly royalty to owner have been approximately $7-8k/month. If you like mailbox money/passive

income, this is the property for you! Lots of quail, dove and whitetail deer for the hunters! Deeded access to Hwy 349 and just 30

minutes from Midland.

Per Owner: 200 gpm 7k bbls/day Has awesome caliche on it as well. Dig test holes for pit and found caliche on

average about 5-6 below surface.

Read More

Directions

Approximately 2.6 miles past Cord Shell Road on the east side of the road.

Pin Drop: https://goo.gl/maps/LuutZ9aaZxYCBfLx6

2.6 miles past Cord Shell Road on the east side of the road. Our for sale sign is 1/2 miles North of the property on 349.

Resources

Unlock the full LandWatch experience

Have an account?Sign In

Contact Seller
The Real Estate Ranch

License #0542176

Midland, TX

(432) 289-6146

Provided By

The Real Estate Ranch, (432) 289-6146
Source: MLS# I50028076A
Listing last updated: April 10, 2022 at 2:43 PM
Report this listing

More by Thomas Johnston